Tradegate Wertpapierhandelsbank Balance Sheet Health
Financial Health criteria checks 5/6
Tradegate Wertpapierhandelsbank has a total shareholder equity of €118.6M and total debt of €2.1M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are €340.8M and €222.2M respectively.
Key information
1.8%
Debt to equity ratio
€2.12m
Debt
| Interest coverage ratio | n/a |
| Cash | €25.20m |
| Equity | €118.57m |
| Total liabilities | €222.19m |
| Total assets | €340.75m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: T2G's short term assets (€253.5M) exceed its short term liabilities (€140.9M).
Long Term Liabilities: T2G's short term assets (€253.5M) exceed its long term liabilities (€81.3M).
Debt to Equity History and Analysis
Debt Level: T2G has more cash than its total debt.
Reducing Debt: T2G's debt to equity ratio has reduced from 4.1% to 1.8% over the past 5 years.
Debt Coverage: T2G's debt is well covered by operating cash flow (1304.5%).
Interest Coverage: Insufficient data to determine if T2G's interest payments on its debt are well covered by EBIT.