TrueCar Balance Sheet Health
Financial Health criteria checks 5/6
TrueCar has a total shareholder equity of $156.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $193.5M and $37.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$133.69m |
| Equity | US$156.03m |
| Total liabilities | US$37.50m |
| Total assets | US$193.53m |
Recent financial health updates
We're Hopeful That TrueCar (NASDAQ:TRUE) Will Use Its Cash Wisely
May 01
We're Not Worried About TrueCar's (NASDAQ:TRUE) Cash Burn
Jan 03We're Not Very Worried About TrueCar's (NASDAQ:TRUE) Cash Burn Rate
Sep 29Companies Like TrueCar (NASDAQ:TRUE) Are In A Position To Invest In Growth
Apr 14Recent updates
We're Hopeful That TrueCar (NASDAQ:TRUE) Will Use Its Cash Wisely
May 01TrueCar, Inc.'s (NASDAQ:TRUE) Intrinsic Value Is Potentially 39% Above Its Share Price
Jan 25We're Not Worried About TrueCar's (NASDAQ:TRUE) Cash Burn
Jan 03We're Not Very Worried About TrueCar's (NASDAQ:TRUE) Cash Burn Rate
Sep 29Market Cool On TrueCar, Inc.'s (NASDAQ:TRUE) Revenues
Jun 08Companies Like TrueCar (NASDAQ:TRUE) Are In A Position To Invest In Growth
Apr 14TrueCar sees July total new vehicle industry sales down 10% Y/Y
Jul 29TrueCar, Inc. (NASDAQ:TRUE) Analysts Just Cut Their EPS Forecasts Substantially
Mar 01TrueCar: Good Business Model, But Too Much Risk Today
Oct 11Is There Now An Opportunity In TrueCar, Inc. (NASDAQ:TRUE)?
Jun 25An Intrinsic Calculation For TrueCar, Inc. (NASDAQ:TRUE) Suggests It's 39% Undervalued
May 31TrueCar, Inc.'s (NASDAQ:TRUE) Path To Profitability
May 08TrueCar defended at Benchmark amid post-earnings stumble
May 07Don't Ignore The Fact That This Insider Just Sold Some Shares In TrueCar, Inc. (NASDAQ:TRUE)
Mar 21Need To Know: TrueCar, Inc. (NASDAQ:TRUE) Insiders Have Been Buying Shares
Mar 04Financial Position Analysis
Short Term Liabilities: TRUE's short term assets ($155.3M) exceed its short term liabilities ($26.8M).
Long Term Liabilities: TRUE's short term assets ($155.3M) exceed its long term liabilities ($10.7M).
Debt to Equity History and Analysis
Debt Level: TRUE is debt free.
Reducing Debt: TRUE had no debt 5 years ago.
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: TRUE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TRUE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.