Transmetro Balance Sheet Health
Financial Health criteria checks 5/6
Transmetro has a total shareholder equity of A$23.4M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$41.9M and A$18.5M respectively. Transmetro's EBIT is A$2.5M making its interest coverage ratio 4.3. It has cash and short-term investments of A$5.7M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | 4.3x |
Cash | AU$5.66m |
Equity | AU$23.42m |
Total liabilities | AU$18.50m |
Total assets | AU$41.91m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TCO's short term assets (A$7.8M) exceed its short term liabilities (A$6.1M).
Long Term Liabilities: TCO's short term assets (A$7.8M) do not cover its long term liabilities (A$12.4M).
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 72.4%.
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.