TELA Bio Balance Sheet Health
Financial Health criteria checks 2/6
TELA Bio has a total shareholder equity of $-6.3M and total debt of $41.0M, which brings its debt-to-equity ratio to -653.2%. Its total assets and total liabilities are $53.0M and $59.3M respectively.
Key information
-653.2%
Debt to equity ratio
US$40.97m
Debt
| Interest coverage ratio | n/a |
| Cash | US$17.30m |
| Equity | -US$6.27m |
| Total liabilities | US$59.29m |
| Total assets | US$53.02m |
Recent financial health updates
Does TELA Bio (NASDAQ:TELA) Have A Healthy Balance Sheet?
Jul 03
TELA Bio (NASDAQ:TELA) Has Debt But No Earnings; Should You Worry?
Oct 07Is TELA Bio (NASDAQ:TELA) Using Debt Sensibly?
May 12Recent updates
Even With A 27% Surge, Cautious Investors Are Not Rewarding TELA Bio, Inc.'s (NASDAQ:TELA) Performance Completely
Nov 09Not Many Are Piling Into TELA Bio, Inc. (NASDAQ:TELA) Stock Yet As It Plummets 33%
Aug 19Does TELA Bio (NASDAQ:TELA) Have A Healthy Balance Sheet?
Jul 03Shareholders May Be More Conservative With TELA Bio, Inc.'s (NASDAQ:TELA) CEO Compensation For Now
May 29TELA Bio, Inc. (NASDAQ:TELA) Soars 31% But It's A Story Of Risk Vs Reward
May 23Earnings 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 26Financial Position Analysis
Short Term Liabilities: TELA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TELA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TELA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TELA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TELA is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.