Tritax Eurobox Balance Sheet Health
Financial Health criteria checks 3/6
Tritax Eurobox has a total shareholder equity of €757.5M and total debt of €694.8M, which brings its debt-to-equity ratio to 91.7%. Its total assets and total liabilities are €1.5B and €773.6M respectively. Tritax Eurobox's EBIT is €53.3M making its interest coverage ratio 4.2. It has cash and short-term investments of €48.2M.
Key information
91.7%
Debt to equity ratio
€694.83m
Debt
| Interest coverage ratio | 4.2x |
| Cash | €48.17m |
| Equity | €757.51m |
| Total liabilities | €773.56m |
| Total assets | €1.53b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5L7's short term assets (€95.5M) exceed its short term liabilities (€35.3M).
Long Term Liabilities: 5L7's short term assets (€95.5M) do not cover its long term liabilities (€738.2M).
Debt to Equity History and Analysis
Debt Level: 5L7's net debt to equity ratio (85.4%) is considered high.
Reducing Debt: Insufficient data to determine if 5L7's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 5L7 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 5L7 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15.9% per year.