TVA Group Balance Sheet Health
Financial Health criteria checks 5/6
TVA Group has a total shareholder equity of CA$342.4M and total debt of CA$78.2M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are CA$610.0M and CA$267.6M respectively.
Key information
22.8%
Debt to equity ratio
CA$78.20m
Debt
| Interest coverage ratio | n/a |
| Cash | n/a |
| Equity | CA$342.45m |
| Total liabilities | CA$267.59m |
| Total assets | CA$610.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TVAG.F's short term assets (CA$277.8M) exceed its short term liabilities (CA$248.3M).
Long Term Liabilities: TVAG.F's short term assets (CA$277.8M) exceed its long term liabilities (CA$19.3M).
Debt to Equity History and Analysis
Debt Level: TVAG.F's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: TVAG.F's debt to equity ratio has increased from 16.8% to 22.8% 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: Whilst unprofitable TVAG.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TVAG.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 37.2% per year.