Tantalizers Balance Sheet Health
Financial Health criteria checks 5/6
Tantalizers has a total shareholder equity of NGN1.3B and total debt of NGN218.7M, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are NGN3.3B and NGN2.1B respectively.
Key information
17.2%
Debt to equity ratio
₦218.70m
Debt
| Interest coverage ratio | n/a |
| Cash | ₦1.17b |
| Equity | ₦1.27b |
| Total liabilities | ₦2.08b |
| Total assets | ₦3.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TANTALIZER's short term assets (NGN1.5B) do not cover its short term liabilities (NGN1.9B).
Long Term Liabilities: TANTALIZER's short term assets (NGN1.5B) exceed its long term liabilities (NGN207.9M).
Debt to Equity History and Analysis
Debt Level: TANTALIZER has more cash than its total debt.
Reducing Debt: TANTALIZER's debt to equity ratio has reduced from 147.4% to 17.2% 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: Whilst unprofitable TANTALIZER has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TANTALIZER is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 32.6% per year.