Tessellis Balance Sheet Health

Financial Health criteria checks 2/6

Tessellis has a total shareholder equity of €-789.0K and total debt of €84.3M, which brings its debt-to-equity ratio to -10687.3%. Its total assets and total liabilities are €307.7M and €308.5M respectively.

Key information

-10,687.3%

Debt to equity ratio

€84.32m

Debt

Interest coverage ration/a
Cash€9.68m
Equity-€789.00k
Total liabilities€308.48m
Total assets€307.69m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 0LLP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 0LLP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 0LLP has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 0LLP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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 0LLP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 0LLP is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 34.2% per year.


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