Tialis Essential IT Balance Sheet Health

Financial Health criteria checks 5/6

Tialis Essential IT has a total shareholder equity of £7.2M and total debt of £3.9M, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are £18.0M and £10.8M respectively. Tialis Essential IT's EBIT is £433.0K making its interest coverage ratio 0.4. It has cash and short-term investments of £473.0K.

Key information

53.8%

Debt to equity ratio

UK£3.86m

Debt

Interest coverage ratio0.4x
CashUK£473.00k
EquityUK£7.17m
Total liabilitiesUK£10.83m
Total assetsUK£18.01m

Recent financial health updates

Recent updates

Why Investors Shouldn't Be Surprised By Tialis Essential IT PLC's (LON:TIA) Low P/S

Nov 15
Why Investors Shouldn't Be Surprised By Tialis Essential IT PLC's (LON:TIA) Low P/S

Tialis Essential IT (LON:TIA) Has A Somewhat Strained Balance Sheet

Aug 09
Tialis Essential IT (LON:TIA) Has A Somewhat Strained Balance Sheet

IDE Group Holdings (LON:IDE) Is Doing The Right Things To Multiply Its Share Price

Oct 01
IDE Group Holdings (LON:IDE) Is Doing The Right Things To Multiply Its Share Price

Calculating The Fair Value Of IDE Group Holdings plc (LON:IDE)

Oct 02
Calculating The Fair Value Of IDE Group Holdings plc (LON:IDE)

Calculating The Fair Value Of IDE Group Holdings plc (LON:IDE)

Jan 14
Calculating The Fair Value Of IDE Group Holdings plc (LON:IDE)

Financial Position Analysis

Short Term Liabilities: TIA's short term assets (£5.9M) exceed its short term liabilities (£5.9M).

Long Term Liabilities: TIA's short term assets (£5.9M) exceed its long term liabilities (£5.0M).


Debt to Equity History and Analysis

Debt Level: TIA's net debt to equity ratio (47.2%) is considered high.

Reducing Debt: TIA's debt to equity ratio has reduced from 230% to 53.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable TIA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: TIA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.2% per year.


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