TradeDoubler Balance Sheet Health
Financial Health criteria checks 5/6
TradeDoubler has a total shareholder equity of SEK349.7M and total debt of SEK78.2M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are SEK1.1B and SEK769.7M respectively. TradeDoubler's EBIT is SEK36.4M making its interest coverage ratio 9.9. It has cash and short-term investments of SEK47.6M.
Key information
22.4%
Debt to equity ratio
kr78.17m
Debt
Interest coverage ratio | 9.9x |
Cash | kr47.65m |
Equity | kr349.73m |
Total liabilities | kr769.66m |
Total assets | kr1.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T1D's short term assets (SEK560.7M) do not cover its short term liabilities (SEK627.4M).
Long Term Liabilities: T1D's short term assets (SEK560.7M) exceed its long term liabilities (SEK142.3M).
Debt to Equity History and Analysis
Debt Level: T1D's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: T1D's debt to equity ratio has reduced from 45.4% to 22.4% over the past 5 years.
Debt Coverage: T1D's debt is well covered by operating cash flow (41.1%).
Interest Coverage: T1D's interest payments on its debt are well covered by EBIT (9.9x coverage).