Trajan Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Trajan Group Holdings has a total shareholder equity of A$102.8M and total debt of A$44.1M, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are A$188.0M and A$85.1M respectively. Trajan Group Holdings's EBIT is A$281.0K making its interest coverage ratio 0.1. It has cash and short-term investments of A$11.2M.
Key information
42.9%
Debt to equity ratio
AU$44.10m
Debt
| Interest coverage ratio | 0.07x |
| Cash | AU$11.24m |
| Equity | AU$102.85m |
| Total liabilities | AU$85.15m |
| Total assets | AU$188.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRJ's short term assets (A$61.7M) do not cover its short term liabilities (A$72.2M).
Long Term Liabilities: TRJ's short term assets (A$61.7M) exceed its long term liabilities (A$13.0M).
Debt to Equity History and Analysis
Debt Level: TRJ's net debt to equity ratio (31.9%) is considered satisfactory.
Reducing Debt: TRJ's debt to equity ratio has reduced from 59.1% to 42.9% over the past 5 years.
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: Whilst unprofitable TRJ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TRJ is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 6.3% per year.