Tradegate Wertpapierhandelsbank Balance Sheet Health
Financial Health criteria checks 5/6
Tradegate Wertpapierhandelsbank has a total shareholder equity of €120.7M and total debt of €17.9M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are €375.1M and €254.3M respectively.
Key information
14.8%
Debt to equity ratio
€17.87m
Debt
| Interest coverage ratio | n/a |
| Cash | €30.57m |
| Equity | €120.71m |
| Total liabilities | €254.35m |
| Total assets | €375.06m |
Recent financial health updates
No updates
Recent updates
Some Confidence Is Lacking In Tradegate AG Wertpapierhandelsbank's (FRA:T2G) P/S
Nov 04
Some Shareholders Feeling Restless Over Tradegate AG Wertpapierhandelsbank's (FRA:T2G) P/S Ratio
May 23There's Reason For Concern Over Tradegate AG Wertpapierhandelsbank's (FRA:T2G) Price
Jan 27Is Tradegate AG Wertpapierhandelsbank (FRA:T2G) A Smart Choice For Dividend Investors?
Mar 18Tradegate AG Wertpapierhandelsbank (FRA:T2G) Is An Attractive Dividend Stock - Here's Why
Dec 03
Financial Position Analysis
Short Term Liabilities: T2G's short term assets (€332.1M) exceed its short term liabilities (€171.3M).
Long Term Liabilities: T2G's short term assets (€332.1M) exceed its long term liabilities (€83.1M).
Debt to Equity History and Analysis
Debt Level: T2G has more cash than its total debt.
Reducing Debt: T2G's debt to equity ratio has reduced from 24.3% to 14.8% over the past 5 years.
Debt Coverage: T2G's debt is well covered by operating cash flow (293.5%).
Interest Coverage: Insufficient data to determine if T2G's interest payments on its debt are well covered by EBIT.