Findev Balance Sheet Health
Financial Health criteria checks 5/6
Findev has a total shareholder equity of CA$25.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$25.9M and CA$383.4K respectively. Findev's EBIT is CA$3.4M making its interest coverage ratio 3408.2. It has cash and short-term investments of CA$309.4K.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | 3408.2x |
| Cash | CA$309.45k |
| Equity | CA$25.52m |
| Total liabilities | CA$383.42k |
| Total assets | CA$25.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNSG.F's short term assets (CA$25.1M) exceed its short term liabilities (CA$383.4K).
Long Term Liabilities: TNSG.F's short term assets (CA$25.1M) do not cover its long term liabilities (CA$-2.0).
Debt to Equity History and Analysis
Debt Level: TNSG.F is debt free.
Reducing Debt: TNSG.F had no debt 5 years ago.
Debt Coverage: TNSG.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TNSG.F has no debt, therefore coverage of interest payments is not a concern.