Treace Medical Concepts Balance Sheet Health
Financial Health criteria checks 5/6
Treace Medical Concepts has a total shareholder equity of $137.9M and total debt of $53.0M, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are $251.9M and $114.0M respectively.
Key information
38.4%
Debt to equity ratio
US$53.01m
Debt
| Interest coverage ratio | n/a |
| Cash | US$123.20m |
| Equity | US$137.94m |
| Total liabilities | US$113.97m |
| Total assets | US$251.91m |
Recent financial health updates
Recent updates
Market Still Lacking Some Conviction On Treace Medical Concepts, Inc. (NASDAQ:TMCI)
Apr 05
Does 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 ($198.4M) exceed its short term liabilities ($45.0M).
Long Term Liabilities: TMCI's short term assets ($198.4M) exceed its long term liabilities ($68.9M).
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 51.7% each year