Tecsys Balance Sheet Health
Financial Health criteria checks 6/6
Tecsys has a total shareholder equity of CA$66.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$121.3M and CA$54.5M respectively. Tecsys's EBIT is CA$3.4M making its interest coverage ratio -4.1. It has cash and short-term investments of CA$27.1M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -4.1x |
| Cash | CA$27.06m |
| Equity | CA$66.83m |
| Total liabilities | CA$54.51m |
| Total assets | CA$121.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCYS.F's short term assets (CA$72.0M) exceed its short term liabilities (CA$52.2M).
Long Term Liabilities: TCYS.F's short term assets (CA$72.0M) exceed its long term liabilities (CA$2.3M).
Debt to Equity History and Analysis
Debt Level: TCYS.F is debt free.
Reducing Debt: TCYS.F has no debt compared to 5 years ago when its debt to equity ratio was 31.1%.
Debt Coverage: TCYS.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TCYS.F has no debt, therefore coverage of interest payments is not a concern.