TSS Balance Sheet Health
Financial Health criteria checks 6/6
TSS has a total shareholder equity of $3.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $25.6M and $22.1M respectively. TSS's EBIT is $1.8M making its interest coverage ratio 1.1. It has cash and short-term investments of $11.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 1.1x |
Cash | US$11.83m |
Equity | US$3.55m |
Total liabilities | US$22.05m |
Total assets | US$25.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSSI's short term assets ($19.3M) exceed its short term liabilities ($18.4M).
Long Term Liabilities: TSSI's short term assets ($19.3M) exceed its long term liabilities ($3.6M).
Debt to Equity History and Analysis
Debt Level: TSSI is debt free.
Reducing Debt: TSSI has no debt compared to 5 years ago when its debt to equity ratio was 74.1%.
Debt Coverage: TSSI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TSSI has no debt, therefore coverage of interest payments is not a concern.