Treace Medical Concepts Balance Sheet Health
Financial Health criteria checks 5/6
Treace Medical Concepts has a total shareholder equity of $126.4M and total debt of $53.1M, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are $242.7M and $116.3M respectively.
Key information
42.0%
Debt to equity ratio
US$53.08m
Debt
Interest coverage ratio | n/a |
Cash | US$110.01m |
Equity | US$126.39m |
Total liabilities | US$116.34m |
Total assets | US$242.73m |
Recent financial health updates
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
Treace 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 ($187.4M) exceed its short term liabilities ($47.0M).
Long Term Liabilities: TMCI's short term assets ($187.4M) exceed its long term liabilities ($69.3M).
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 44.6% each year