TILT Holdings Balance Sheet Health
Financial Health criteria checks 2/6
TILT Holdings has a total shareholder equity of $16.9M and total debt of $62.1M, which brings its debt-to-equity ratio to 367.1%. Its total assets and total liabilities are $189.9M and $173.0M respectively.
Key information
367.1%
Debt to equity ratio
US$62.11m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.38m |
| Equity | US$16.92m |
| Total liabilities | US$173.01m |
| Total assets | US$189.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TLLT.F's short term assets ($42.9M) do not cover its short term liabilities ($77.8M).
Long Term Liabilities: TLLT.F's short term assets ($42.9M) do not cover its long term liabilities ($95.2M).
Debt to Equity History and Analysis
Debt Level: TLLT.F's net debt to equity ratio (359%) is considered high.
Reducing Debt: TLLT.F's debt to equity ratio has increased from 8.7% to 367.1% 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 TLLT.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TLLT.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 59.6% per year.