TOMI Environmental Solutions Balance Sheet Health
Financial Health criteria checks 4/6
TOMI Environmental Solutions has a total shareholder equity of $8.4M and total debt of $2.3M, which brings its debt-to-equity ratio to 27.5%. Its total assets and total liabilities are $13.4M and $5.0M respectively.
Key information
27.5%
Debt to equity ratio
US$2.30m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.34m |
| Equity | US$8.36m |
| Total liabilities | US$5.00m |
| Total assets | US$13.36m |
Recent financial health updates
Recent updates
Does TOMI Environmental Solutions (NASDAQ:TOMZ) Have A Healthy Balance Sheet?
Apr 03
We Discuss Why TOMI Environmental Solutions, Inc.'s (NASDAQ:TOMZ) CEO Compensation May Be Closely Reviewed
Sep 06TOMI Environmental rises as SteraMist to be used in influenza vaccine facility in Australia
Oct 18TOMI Environmental Solutions Q2 GAAP EPS of -$0.04, revenue of $1.46M
Aug 15TOMI Environmental receives follow-on order from ITH Pharmaceuticals
Dec 17TOMI Environmental Solutions reports Q3 results
Nov 12Financial Position Analysis
Short Term Liabilities: TOMZ's short term assets ($10.0M) exceed its short term liabilities ($2.1M).
Long Term Liabilities: TOMZ's short term assets ($10.0M) exceed its long term liabilities ($2.9M).
Debt to Equity History and Analysis
Debt Level: TOMZ has more cash than its total debt.
Reducing Debt: TOMZ's debt to equity ratio has reduced from 166.3% to 27.5% 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: TOMZ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TOMZ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.7% each year