Triple Point Energy Transition Balance Sheet Health
Financial Health criteria checks 6/6
Triple Point Energy Transition has a total shareholder equity of £86.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £87.5M and £773.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£3.71m |
| Equity | UK£86.68m |
| Total liabilities | UK£773.00k |
| Total assets | UK£87.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNC's short term assets (£87.5M) exceed its short term liabilities (£773.0K).
Long Term Liabilities: TNC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TNC is debt free.
Reducing Debt: TNC has not had any debt for past 5 years.
Debt Coverage: TNC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TNC has no debt, therefore coverage of interest payments is not a concern.