Tecma Solutions Balance Sheet Health
Financial Health criteria checks 2/6
Tecma Solutions has a total shareholder equity of €5.9M and total debt of €7.3M, which brings its debt-to-equity ratio to 124%. Its total assets and total liabilities are €16.8M and €10.9M respectively.
Key information
124.0%
Debt to equity ratio
€7.35m
Debt
Interest coverage ratio | n/a |
Cash | €4.50m |
Equity | €5.92m |
Total liabilities | €10.88m |
Total assets | €16.80m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TCM's short term assets (€9.9M) exceed its short term liabilities (€3.0M).
Long Term Liabilities: TCM's short term assets (€9.9M) exceed its long term liabilities (€7.9M).
Debt to Equity History and Analysis
Debt Level: TCM's net debt to equity ratio (48.1%) is considered high.
Reducing Debt: TCM's debt to equity ratio has increased from 0% to 124% 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 TCM has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TCM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.