TKC Metals Balance Sheet Health
Financial Health criteria checks 3/6
TKC Metals has a total shareholder equity of ₱118.8M and total debt of ₱2.4B, which brings its debt-to-equity ratio to 1983.2%. Its total assets and total liabilities are ₱2.8B and ₱2.7B respectively.
Key information
1,983.2%
Debt to equity ratio
₱2.36b
Debt
| Interest coverage ratio | n/a |
| Cash | ₱1.17m |
| Equity | ₱118.84m |
| Total liabilities | ₱2.70b |
| Total assets | ₱2.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T's short term assets (₱1.2B) do not cover its short term liabilities (₱2.7B).
Long Term Liabilities: T's short term assets (₱1.2B) exceed its long term liabilities (₱44.4M).
Debt to Equity History and Analysis
Debt Level: T's net debt to equity ratio (1982.3%) is considered high.
Reducing Debt: T's debt to equity ratio has increased from 672.6% to 1983.2% 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 T has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: T is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 9% per year.