Tucows Balance Sheet Health
Financial Health criteria checks 1/6
Tucows has a total shareholder equity of $-53.1M and total debt of $605.0M, which brings its debt-to-equity ratio to -1140%. Its total assets and total liabilities are $799.0M and $852.1M respectively.
Key information
-1,140.0%
Debt to equity ratio
US$605.03m
Debt
| Interest coverage ratio | n/a |
| Cash | US$75.21m |
| Equity | -US$53.07m |
| Total liabilities | US$852.10m |
| Total assets | US$799.03m |
Recent financial health updates
Is Tucows (NASDAQ:TCX) Using Debt In A Risky Way?
Dec 07
Does Tucows (NASDAQ:TCX) Have A Healthy Balance Sheet?
May 06Is Tucows (NASDAQ:TCX) Using Debt In A Risky Way?
Jan 10Does Tucows (NASDAQ:TCX) Have A Healthy Balance Sheet?
Jul 22Recent updates
Investors Aren't Buying Tucows Inc.'s (NASDAQ:TCX) Revenues
Dec 19Tucows Inc.'s (NASDAQ:TCX) Price Is Right But Growth Is Lacking After Shares Rocket 31%
Aug 08Tucows Inc. (NASDAQ:TCX) Held Back By Insufficient Growth Even After Shares Climb 25%
Dec 28Is Tucows (NASDAQ:TCX) Using Debt In A Risky Way?
Dec 07Does Tucows (NASDAQ:TCX) Have A Healthy Balance Sheet?
May 06Is Tucows (NASDAQ:TCX) Using Debt In A Risky Way?
Jan 10Tucows' Ting Fiber secures up to $200M financing to expand communications infra
Aug 09Does Tucows (NASDAQ:TCX) Have A Healthy Balance Sheet?
Jul 22Is Tucows (NASDAQ:TCX) Using Too Much Debt?
Nov 04This Is Why Tucows Inc.'s (NASDAQ:TCX) CEO Compensation Looks Appropriate
Sep 01Tucows reports Q1 results
May 06Be Wary Of Tucows (NASDAQ:TCX) And Its Returns On Capital
Apr 19Tucows (NASDAQ:TCX) Takes On Some Risk With Its Use Of Debt
Mar 30Should Tucows Inc. (NASDAQ:TCX) Focus On Improving This Fundamental Metric?
Mar 12Jessica Johannson Is The Chief People Officer of Tucows Inc. (NASDAQ:TCX) And They Just Sold 100% Of Their Shares
Feb 22How Much Of Tucows Inc. (NASDAQ:TCX) Do Insiders Own?
Feb 16If You Had Bought Tucows (NASDAQ:TCX) Shares Five Years Ago You'd Have Earned 298% Returns
Feb 01
Financial Position Analysis
Short Term Liabilities: TCX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TCX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TCX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TCX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: TCX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: TCX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 47.1% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 10:14 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Tucows Inc. is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nicholas Cortellucci | Atrium Research |
| Thanos Moschopoulos | BMO Capital Markets Equity Research |
| Scott Curtis | Cantor Fitzgerald Canada Corporation |