Tekna Holding Balance Sheet Health
Financial Health criteria checks 3/6
Tekna Holding has a total shareholder equity of CA$38.4M and total debt of CA$25.1M, which brings its debt-to-equity ratio to 65.3%. Its total assets and total liabilities are CA$76.3M and CA$37.9M respectively.
Key information
65.3%
Debt to equity ratio
CA$25.06m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$10.15m |
| Equity | CA$38.36m |
| Total liabilities | CA$37.91m |
| Total assets | CA$76.26m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TEKNA's short term assets (CA$40.1M) exceed its short term liabilities (CA$11.3M).
Long Term Liabilities: TEKNA's short term assets (CA$40.1M) exceed its long term liabilities (CA$26.6M).
Debt to Equity History and Analysis
Debt Level: TEKNA's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TEKNA's debt to equity ratio has reduced 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: TEKNA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TEKNA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.1% each year