TELA Bio Balance Sheet Health
Financial Health criteria checks 6/6
TELA Bio has a total shareholder equity of $18.9M and total debt of $40.5M, which brings its debt-to-equity ratio to 214.6%. Its total assets and total liabilities are $78.0M and $59.2M respectively.
Key information
214.6%
Debt to equity ratio
US$40.52m
Debt
Interest coverage ratio | n/a |
Cash | US$46.73m |
Equity | US$18.88m |
Total liabilities | US$59.17m |
Total assets | US$78.05m |
Recent financial health updates
TELA Bio (NASDAQ:TELA) Has Debt But No Earnings; Should You Worry?
Oct 07Is TELA Bio (NASDAQ:TELA) Using Debt Sensibly?
May 12Health Check: How Prudently Does TELA Bio (NASDAQ:TELA) Use Debt?
Feb 12Recent updates
Earnings Update: TELA Bio, Inc. (NASDAQ:TELA) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
Mar 24Many Still Looking Away From TELA Bio, Inc. (NASDAQ:TELA)
Mar 08TELA Bio (NASDAQ:TELA) Has Debt But No Earnings; Should You Worry?
Oct 07Getting In Cheap On TELA Bio, Inc. (NASDAQ:TELA) Might Be Difficult
Jul 31TELA Bio: Tailwinds In Hernia Repair Market And Promising Clinical Data To Drive Accelerating Adoption
Oct 02Tela Bio prices $32M common stock offering
Aug 16Is TELA Bio (NASDAQ:TELA) Using Debt Sensibly?
May 12TELA Bio - Follow Up With Management
Jan 14Our First Look At TELA Bio
Nov 04TELA Bio Plugging Away
Oct 25TELA Bio (TELA) Investor Presentation - Slideshow
May 26Bearish: Analysts Just Cut Their TELA Bio, Inc. (NASDAQ:TELA) Revenue and EPS estimates
Mar 30Health Check: How Prudently Does TELA Bio (NASDAQ:TELA) Use Debt?
Feb 12TELA Bio guides Q4 and FY20 revenue below consensus
Jan 14TELA Bio EPS misses by $0.09, beats on revenue
Nov 11Financial Position Analysis
Short Term Liabilities: TELA's short term assets ($71.7M) exceed its short term liabilities ($17.0M).
Long Term Liabilities: TELA's short term assets ($71.7M) exceed its long term liabilities ($42.2M).
Debt to Equity History and Analysis
Debt Level: TELA has more cash than its total debt.
Reducing Debt: TELA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: TELA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TELA has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 14.3% each year.