Tessellis Balance Sheet Health
Financial Health criteria checks 1/6
Tessellis has a total shareholder equity of €43.5M and total debt of €83.7M, which brings its debt-to-equity ratio to 192.5%. Its total assets and total liabilities are €340.0M and €296.5M respectively.
Key information
192.5%
Debt to equity ratio
€83.71m
Debt
Interest coverage ratio | n/a |
Cash | €7.57m |
Equity | €43.48m |
Total liabilities | €296.54m |
Total assets | €340.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSL's short term assets (€56.2M) do not cover its short term liabilities (€161.7M).
Long Term Liabilities: TSL's short term assets (€56.2M) do not cover its long term liabilities (€134.8M).
Debt to Equity History and Analysis
Debt Level: TSL's net debt to equity ratio (175.1%) is considered high.
Reducing Debt: TSL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 TSL has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TSL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.