Tiziana Life Sciences Balance Sheet Health
Financial Health criteria checks 5/6
Tiziana Life Sciences has a total shareholder equity of $1.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $11.0M and $9.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.13m |
| Equity | US$1.86m |
| Total liabilities | US$9.11m |
| Total assets | US$10.96m |
Recent financial health updates
Will Tiziana Life Sciences (NASDAQ:TLSA) Spend Its Cash Wisely?
Sep 19
We're Keeping An Eye On Tiziana Life Sciences' (NASDAQ:TLSA) Cash Burn Rate
Jun 03Will Tiziana Life Sciences (NASDAQ:TLSA) Spend Its Cash Wisely?
Jan 16Recent updates
Will Tiziana Life Sciences (NASDAQ:TLSA) Spend Its Cash Wisely?
Sep 19We're Keeping An Eye On Tiziana Life Sciences' (NASDAQ:TLSA) Cash Burn Rate
Jun 03Will Tiziana Life Sciences (NASDAQ:TLSA) Spend Its Cash Wisely?
Jan 16Tiziana Life rises 11% after submitting application to begin human trial of Alzheimer's intranasal therapy
Oct 12Tiziana chief medical officer further increases holdings in company
Sep 23Tiziana Life Sciences executive chairman further raises stake in company
Sep 16Tiziana executive chairman raises stake in company again, buys more shares
Aug 25Tiziana Life Sciences discloses share purchase by executive chairman
Aug 17Is Tiziana Life Sciences (NASDAQ:TLSA) In A Good Position To Deliver On Growth Plans?
Aug 15Tiziana Life Sciences CEO Kunwar Shailubhai resigns
Jul 15Financial Position Analysis
Short Term Liabilities: TLSA's short term assets ($7.8M) do not cover its short term liabilities ($9.1M).
Long Term Liabilities: TLSA's short term assets ($7.8M) exceed its long term liabilities ($37.0K).
Debt to Equity History and Analysis
Debt Level: TLSA is debt free.
Reducing Debt: TLSA currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: TLSA has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TLSA is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.