Tecogen Balance Sheet Health
Financial Health criteria checks 5/6
Tecogen has a total shareholder equity of $14.7M and total debt of $505.5K, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are $27.8M and $13.1M respectively.
Key information
3.5%
Debt to equity ratio
US$505.51k
Debt
Interest coverage ratio | n/a |
Cash | US$1.35m |
Equity | US$14.65m |
Total liabilities | US$13.14m |
Total assets | US$27.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGEN's short term assets ($20.3M) exceed its short term liabilities ($10.5M).
Long Term Liabilities: TGEN's short term assets ($20.3M) exceed its long term liabilities ($2.7M).
Debt to Equity History and Analysis
Debt Level: TGEN has more cash than its total debt.
Reducing Debt: TGEN's debt to equity ratio has reduced from 7.2% to 3.5% 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 less than a year of cash runway if free cash flow continues to grow at historical rates of 22.7% each year.