Tantech Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Tantech Holdings has a total shareholder equity of $118.2M and total debt of $10.2M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are $138.1M and $19.8M respectively. Tantech Holdings's EBIT is $3.3M making its interest coverage ratio -1.8. It has cash and short-term investments of $24.7M.
Key information
8.6%
Debt to equity ratio
US$10.23m
Debt
| Interest coverage ratio | -1.8x |
| Cash | US$24.72m |
| Equity | US$118.22m |
| Total liabilities | US$19.83m |
| Total assets | US$138.05m |
Recent financial health updates
Recent updates
Tantech Holdings (NASDAQ:TANH) May Have Issues Allocating Its Capital
Apr 12
Tantech Holdings' (NASDAQ:TANH) Profits Appear To Have Quality Issues
Dec 18Tantech Holdings (NASDAQ:TANH) Has More To Do To Multiply In Value Going Forward
Oct 31Tantech Holdings (NASDAQ:TANH) Has More To Do To Multiply In Value Going Forward
Jul 27Tantech Holdings (NASDAQ:TANH) Strong Profits May Be Masking Some Underlying Issues
May 08Some Investors May Be Worried About Tantech Holdings' (NASDAQ:TANH) Returns On Capital
Apr 19Tantech Holdings' (NASDAQ:TANH) Returns On Capital Not Reflecting Well On The Business
Dec 30Tantech Holdings GAAP EPS of -$2.01, revenue of $55.3M
Jul 18Be Wary Of Tantech Holdings (NASDAQ:TANH) And Its Returns On Capital
Sep 21Be Wary Of Tantech Holdings (NASDAQ:TANH) And Its Returns On Capital
Jun 08A Look At Tantech Holdings' (NASDAQ:TANH) Share Price Returns
Feb 23Tantech Holdings plummets on pricing $10M registered direct offering
Nov 20Financial Position Analysis
Short Term Liabilities: TANH's short term assets ($112.0M) exceed its short term liabilities ($15.3M).
Long Term Liabilities: TANH's short term assets ($112.0M) exceed its long term liabilities ($4.5M).
Debt to Equity History and Analysis
Debt Level: TANH has more cash than its total debt.
Reducing Debt: TANH's debt to equity ratio has reduced from 9.3% to 8.6% over the past 5 years.
Debt Coverage: TANH's debt is well covered by operating cash flow (95.3%).
Interest Coverage: TANH earns more interest than it pays, so coverage of interest payments is not a concern.