TrueCar Balance Sheet Health
Financial Health criteria checks 5/6
TrueCar has a total shareholder equity of $128.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $167.5M and $39.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$114.51m |
| Equity | US$127.99m |
| Total liabilities | US$39.54m |
| Total assets | US$167.53m |
Recent financial health updates
TrueCar (NASDAQ:TRUE) Is In A Strong Position To Grow Its Business
Oct 11
We're Hopeful That TrueCar (NASDAQ:TRUE) Will Use Its Cash Wisely
May 01We'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
Revenues Tell The Story For TrueCar, Inc. (NASDAQ:TRUE) As Its Stock Soars 32%
Nov 07TrueCar (NASDAQ:TRUE) Is In A Strong Position To Grow Its Business
Oct 11TrueCar, Inc.'s (NASDAQ:TRUE) 36% Jump Shows Its Popularity With Investors
Jul 23TrueCar, Inc.'s (NASDAQ:TRUE) Intrinsic Value Is Potentially 95% Above Its Share Price
May 21We'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 31Financial Position Analysis
Short Term Liabilities: TRUE's short term assets ($140.3M) exceed its short term liabilities ($29.9M).
Long Term Liabilities: TRUE's short term assets ($140.3M) exceed its long term liabilities ($9.6M).
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.