Transmetro Balance Sheet Health
Financial Health criteria checks 5/6
Transmetro has a total shareholder equity of A$24.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$41.5M and A$17.5M respectively. Transmetro's EBIT is A$3.3M making its interest coverage ratio 5.1. It has cash and short-term investments of A$7.1M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 5.1x |
| Cash | AU$7.07m |
| Equity | AU$23.96m |
| Total liabilities | AU$17.52m |
| Total assets | AU$41.48m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TCO's short term assets (A$8.3M) exceed its short term liabilities (A$6.3M).
Long Term Liabilities: TCO's short term assets (A$8.3M) do not cover its long term liabilities (A$11.2M).
Debt to Equity History and Analysis
Debt Level: TCO is debt free.
Reducing Debt: TCO has no debt compared to 5 years ago when its debt to equity ratio was 10.9%.
Debt Coverage: TCO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TCO has no debt, therefore coverage of interest payments is not a concern.