TILT Holdings Balance Sheet Health
Financial Health criteria checks 2/6
TILT Holdings has a total shareholder equity of $4.4M and total debt of $66.0M, which brings its debt-to-equity ratio to 1499.2%. Its total assets and total liabilities are $182.6M and $178.2M respectively.
Key information
1,499.2%
Debt to equity ratio
US$65.98m
Debt
| Interest coverage ratio | n/a |
| Cash | US$2.61m |
| Equity | US$4.40m |
| Total liabilities | US$178.19m |
| Total assets | US$182.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TLLT.F's short term assets ($39.8M) do not cover its short term liabilities ($83.4M).
Long Term Liabilities: TLLT.F's short term assets ($39.8M) do not cover its long term liabilities ($94.8M).
Debt to Equity History and Analysis
Debt Level: TLLT.F's net debt to equity ratio (1439.9%) is considered high.
Reducing Debt: TLLT.F's debt to equity ratio has increased from 9.6% to 1499.2% 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 58.8% per year.