Train Alliance Balance Sheet Health
Financial Health criteria checks 5/6
Train Alliance has a total shareholder equity of SEK1.3B and total debt of SEK339.2M, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are SEK1.7B and SEK435.7M respectively. Train Alliance's EBIT is SEK39.6M making its interest coverage ratio -36. It has cash and short-term investments of SEK440.0M.
Key information
26.0%
Debt to equity ratio
SEK 339.15m
Debt
| Interest coverage ratio | -36x |
| Cash | SEK 439.96m |
| Equity | SEK 1.30b |
| Total liabilities | SEK 435.69m |
| Total assets | SEK 1.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7EF's short term assets (SEK723.8M) exceed its short term liabilities (SEK117.0M).
Long Term Liabilities: 7EF's short term assets (SEK723.8M) exceed its long term liabilities (SEK318.7M).
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 50.4% to 26% over the past 5 years.
Debt Coverage: 7EF's debt is not well covered by operating cash flow (6.2%).
Interest Coverage: 7EF earns more interest than it pays, so coverage of interest payments is not a concern.