Treace Medical Concepts Balance Sheet Health
Financial Health criteria checks 5/6
Treace Medical Concepts has a total shareholder equity of $104.9M and total debt of $53.2M, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are $212.9M and $108.0M respectively.
Key information
50.7%
Debt to equity ratio
US$53.23m
Debt
| Interest coverage ratio | n/a |
| Cash | US$82.80m |
| Equity | US$104.91m |
| Total liabilities | US$108.02m |
| Total assets | US$212.92m |
Recent financial health updates
Is Treace Medical Concepts (NASDAQ:TMCI) Using Debt In A Risky Way?
Oct 26
Treace Medical Concepts (NASDAQ:TMCI) Has Debt But No Earnings; Should You Worry?
Jun 28Does Treace Medical Concepts (NASDAQ:TMCI) Have A Healthy Balance Sheet?
Feb 09Recent updates
Is Treace Medical Concepts (NASDAQ:TMCI) Using Debt In A Risky Way?
Oct 26Treace Medical Concepts, Inc. (NASDAQ:TMCI) Screens Well But There Might Be A Catch
Aug 02Treace Medical Concepts (NASDAQ:TMCI) Has Debt But No Earnings; Should You Worry?
Jun 28Treace Medical Concepts: Facing Increasing Competitive Pressure
Jun 14Market Still Lacking Some Conviction On Treace Medical Concepts, Inc. (NASDAQ:TMCI)
Apr 05Does Treace Medical Concepts (NASDAQ:TMCI) Have A Healthy Balance Sheet?
Feb 09Why Investors Shouldn't Be Surprised By Treace Medical Concepts, Inc.'s (NASDAQ:TMCI) 31% Share Price Surge
Jan 04Market Cool On Treace Medical Concepts, Inc.'s (NASDAQ:TMCI) Revenues Pushing Shares 46% Lower
Nov 11Analysts Are Updating Their Treace Medical Concepts, Inc. (NASDAQ:TMCI) Estimates After Its Second-Quarter Results
Aug 13Financial Position Analysis
Short Term Liabilities: TMCI's short term assets ($157.6M) exceed its short term liabilities ($38.3M).
Long Term Liabilities: TMCI's short term assets ($157.6M) exceed its long term liabilities ($69.8M).
Debt to Equity History and Analysis
Debt Level: TMCI has more cash than its total debt.
Reducing Debt: Insufficient data to determine if TMCI's debt to equity ratio has reduced 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: TMCI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TMCI has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 35.3% each year