Trigano Balance Sheet Health
Financial Health criteria checks 6/6
Trigano has a total shareholder equity of €1.6B and total debt of €88.2M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are €2.5B and €923.2M respectively. Trigano's EBIT is €423.2M making its interest coverage ratio 846.4. It has cash and short-term investments of €359.0M.
Key information
5.5%
Debt to equity ratio
€88.20m
Debt
Interest coverage ratio | 846.4x |
Cash | €359.00m |
Equity | €1.61b |
Total liabilities | €923.20m |
Total assets | €2.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGO's short term assets (€1.6B) exceed its short term liabilities (€718.5M).
Long Term Liabilities: TGO's short term assets (€1.6B) exceed its long term liabilities (€204.7M).
Debt to Equity History and Analysis
Debt Level: TGO has more cash than its total debt.
Reducing Debt: TGO's debt to equity ratio has reduced from 35.3% to 5.5% over the past 5 years.
Debt Coverage: TGO's debt is well covered by operating cash flow (228.7%).
Interest Coverage: TGO's interest payments on its debt are well covered by EBIT (846.4x coverage).