Triad Group Balance Sheet Health
Financial Health criteria checks 6/6
Triad Group has a total shareholder equity of £3.6M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £6.4M and £2.7M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£2.62m |
Equity | UK£3.65m |
Total liabilities | UK£2.71m |
Total assets | UK£6.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TD8's short term assets (£5.2M) exceed its short term liabilities (£1.9M).
Long Term Liabilities: TD8's short term assets (£5.2M) exceed its long term liabilities (£827.0K).
Debt to Equity History and Analysis
Debt Level: TD8 is debt free.
Reducing Debt: TD8 had no debt 5 years ago.
Debt Coverage: TD8 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TD8 has no debt, therefore coverage of interest payments is not a concern.