Theraclion Balance Sheet Health
Financial Health criteria checks 6/6
Theraclion has a total shareholder equity of €6.6M and total debt of €8.5M, which brings its debt-to-equity ratio to 130.1%. Its total assets and total liabilities are €20.9M and €14.3M respectively.
Key information
130.1%
Debt to equity ratio
€8.53m
Debt
Interest coverage ratio | n/a |
Cash | €9.11m |
Equity | €6.55m |
Total liabilities | €14.32m |
Total assets | €20.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCLI.F's short term assets (€16.4M) exceed its short term liabilities (€6.0M).
Long Term Liabilities: TCLI.F's short term assets (€16.4M) exceed its long term liabilities (€8.3M).
Debt to Equity History and Analysis
Debt Level: TCLI.F has more cash than its total debt.
Reducing Debt: TCLI.F's debt to equity ratio has reduced from 909.1% to 130.1% 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: TCLI.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TCLI.F has sufficient cash runway for 2.6 years if free cash flow continues to grow at historical rates of 11.2% each year.