Territorial Generation Company No.2 Balance Sheet Health
Financial Health criteria checks 5/6
Territorial Generation Company No.2 has a total shareholder equity of RUB29.0B and total debt of RUB9.7B, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are RUB67.6B and RUB38.7B respectively. Territorial Generation Company No.2's EBIT is RUB2.9B making its interest coverage ratio 1.5. It has cash and short-term investments of RUB966.3M.
Key information
33.7%
Debt to equity ratio
₽9.75b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₽966.30m |
| Equity | ₽28.97b |
| Total liabilities | ₽38.68b |
| Total assets | ₽67.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TGKB's short term assets (RUB22.1B) do not cover its short term liabilities (RUB26.0B).
Long Term Liabilities: TGKB's short term assets (RUB22.1B) exceed its long term liabilities (RUB12.7B).
Debt to Equity History and Analysis
Debt Level: TGKB's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: TGKB's debt to equity ratio has reduced from 80.2% to 33.7% 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 TGKB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TGKB is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.4% per year.