Train Alliance Balance Sheet Health
Financial Health criteria checks 6/6
Train Alliance has a total shareholder equity of SEK1.3B and total debt of SEK343.7M, which brings its debt-to-equity ratio to 26.2%. Its total assets and total liabilities are SEK1.8B and SEK440.8M respectively. Train Alliance's EBIT is SEK35.9M making its interest coverage ratio 13.9. It has cash and short-term investments of SEK461.4M.
Key information
26.2%
Debt to equity ratio
SEK 343.70m
Debt
Interest coverage ratio | 13.9x |
Cash | SEK 461.41m |
Equity | SEK 1.31b |
Total liabilities | SEK 440.78m |
Total assets | SEK 1.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7EF's short term assets (SEK730.9M) exceed its short term liabilities (SEK117.5M).
Long Term Liabilities: 7EF's short term assets (SEK730.9M) exceed its long term liabilities (SEK323.3M).
Debt to Equity History and Analysis
Debt Level: 7EF has more cash than its total debt.
Reducing Debt: 7EF's debt to equity ratio has reduced from 45% to 26.2% over the past 5 years.
Debt Coverage: 7EF's debt is well covered by operating cash flow (110.1%).
Interest Coverage: 7EF's interest payments on its debt are well covered by EBIT (13.9x coverage).