Tantalus Systems Holding Balance Sheet Health
Financial Health criteria checks 3/6
Tantalus Systems Holding has a total shareholder equity of $987.2K and total debt of $11.4M, which brings its debt-to-equity ratio to 1153.9%. Its total assets and total liabilities are $35.5M and $34.5M respectively.
Key information
1,153.9%
Debt to equity ratio
US$11.39m
Debt
Interest coverage ratio | n/a |
Cash | US$5.40m |
Equity | US$987.15k |
Total liabilities | US$34.52m |
Total assets | US$35.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNTL.F's short term assets ($22.9M) do not cover its short term liabilities ($29.6M).
Long Term Liabilities: TNTL.F's short term assets ($22.9M) exceed its long term liabilities ($4.9M).
Debt to Equity History and Analysis
Debt Level: TNTL.F's net debt to equity ratio (607%) is considered high.
Reducing Debt: TNTL.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: TNTL.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TNTL.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.