Tectona Balance Sheet Health
Financial Health criteria checks 6/6
Tectona has a total shareholder equity of $12.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $13.4M and $1.2M respectively. Tectona's EBIT is $705.0K making its interest coverage ratio 3.2. It has cash and short-term investments of $5.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 3.2x |
| Cash | US$5.73m |
| Equity | US$12.16m |
| Total liabilities | US$1.21m |
| Total assets | US$13.37m |
Recent financial health updates
We're Not Very Worried About Tectona's (TLV:TECT) Cash Burn Rate
Aug 24
Here's Why We're Not Too Worried About Tectona's (TLV:TECT) Cash Burn Situation
May 11Tectona (TLV:TECT) Is In A Good Position To Deliver On Growth Plans
Jan 26Companies Like Tectona (TLV:TECT) Are In A Position To Invest In Growth
Oct 05Recent updates
Shareholders Shouldn’t Be Too Comfortable With Tectona's (TLV:TECT) Strong Earnings
Aug 27We're Not Very Worried About Tectona's (TLV:TECT) Cash Burn Rate
Aug 24Here's Why We're Not Too Worried About Tectona's (TLV:TECT) Cash Burn Situation
May 11Tectona (TLV:TECT) Is In A Good Position To Deliver On Growth Plans
Jan 26Companies Like Tectona (TLV:TECT) Are In A Position To Invest In Growth
Oct 05Financial Position Analysis
Short Term Liabilities: TECT's short term assets ($5.8M) exceed its short term liabilities ($902.0K).
Long Term Liabilities: TECT's short term assets ($5.8M) exceed its long term liabilities ($311.0K).
Debt to Equity History and Analysis
Debt Level: TECT is debt free.
Reducing Debt: TECT had no debt 5 years ago.
Debt Coverage: TECT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TECT has no debt, therefore coverage of interest payments is not a concern.