TechnoPlus Ventures Balance Sheet Health
Financial Health criteria checks 4/6
TechnoPlus Ventures has a total shareholder equity of $5.0M and total debt of $382.0K, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are $5.4M and $440.0K respectively.
Key information
7.7%
Debt to equity ratio
US$382.00k
Debt
Interest coverage ratio | n/a |
Cash | US$3.25m |
Equity | US$4.98m |
Total liabilities | US$440.00k |
Total assets | US$5.42m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TNPV's short term assets ($3.3M) exceed its short term liabilities ($182.0K).
Long Term Liabilities: TNPV's short term assets ($3.3M) exceed its long term liabilities ($258.0K).
Debt to Equity History and Analysis
Debt Level: TNPV has more cash than its total debt.
Reducing Debt: TNPV's debt to equity ratio has reduced from 12% to 7.7% 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: Insufficient data to determine if TNPV has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TNPV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.