TSS Balance Sheet Health
Financial Health criteria checks 6/6
TSS has a total shareholder equity of $5.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $28.9M and $23.8M respectively. TSS's EBIT is $3.4M making its interest coverage ratio 2.5. It has cash and short-term investments of $8.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$8.31m |
| Equity | US$5.15m |
| Total liabilities | US$23.75m |
| Total assets | US$28.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSSI's short term assets ($21.2M) exceed its short term liabilities ($19.4M).
Long Term Liabilities: TSSI's short term assets ($21.2M) exceed its long term liabilities ($4.3M).
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 79.8%.
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.