Tadvest Balance Sheet Health
Financial Health criteria checks 6/6
Tadvest has a total shareholder equity of $74.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $74.6M and $51.1K respectively. Tadvest's EBIT is $6.3M making its interest coverage ratio -125.9. It has cash and short-term investments of $307.9K.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -125.9x |
Cash | US$307.88k |
Equity | US$74.57m |
Total liabilities | US$51.15k |
Total assets | US$74.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAD's short term assets ($6.0M) exceed its short term liabilities ($51.1K).
Long Term Liabilities: TAD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TAD is debt free.
Reducing Debt: TAD had no debt 5 years ago.
Debt Coverage: TAD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TAD has no debt, therefore coverage of interest payments is not a concern.