TSS Balance Sheet Health
Financial Health criteria checks 6/6
TSS has a total shareholder equity of $3.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $26.8M and $23.1M respectively. TSS's EBIT is $2.7M making its interest coverage ratio 1.5. It has cash and short-term investments of $14.4M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 1.5x |
Cash | US$14.38m |
Equity | US$3.66m |
Total liabilities | US$23.13m |
Total assets | US$26.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSSI's short term assets ($20.5M) exceed its short term liabilities ($19.6M).
Long Term Liabilities: TSSI's short term assets ($20.5M) exceed its long term liabilities ($3.5M).
Debt to Equity History and Analysis
Debt Level: TSSI is debt free.
Reducing Debt: TSSI has no debt compared to 5 years ago when its debt to equity ratio was 77.7%.
Debt Coverage: TSSI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TSSI has no debt, therefore coverage of interest payments is not a concern.