Tecogen Balance Sheet Health
Financial Health criteria checks 5/6
Tecogen has a total shareholder equity of $11.2M and total debt of $1.5M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are $27.5M and $16.3M respectively.
Key information
13.7%
Debt to equity ratio
US$1.53m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.28m |
| Equity | US$11.19m |
| Total liabilities | US$16.29m |
| Total assets | US$27.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGEN's short term assets ($18.2M) exceed its short term liabilities ($11.8M).
Long Term Liabilities: TGEN's short term assets ($18.2M) exceed its long term liabilities ($4.4M).
Debt to Equity History and Analysis
Debt Level: TGEN's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: TGEN's debt to equity ratio has increased from 3.9% to 13.7% 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: TGEN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TGEN has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 27.1% each year