Triona Balance Sheet Health
Financial Health criteria checks 4/6
Triona has a total shareholder equity of SEK69.1M and total debt of SEK11.0M, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are SEK145.2M and SEK76.1M respectively. Triona's EBIT is SEK9.7M making its interest coverage ratio -64.8. It has cash and short-term investments of SEK31.4M.
Key information
15.9%
Debt to equity ratio
SEK 11.00m
Debt
| Interest coverage ratio | -64.8x |
| Cash | SEK 31.39m |
| Equity | SEK 69.10m |
| Total liabilities | SEK 76.13m |
| Total assets | SEK 145.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RQ2's short term assets (SEK95.2M) exceed its short term liabilities (SEK67.7M).
Long Term Liabilities: RQ2's short term assets (SEK95.2M) exceed its long term liabilities (SEK8.5M).
Debt to Equity History and Analysis
Debt Level: RQ2 has more cash than its total debt.
Reducing Debt: RQ2's debt to equity ratio has increased from 0.4% to 15.9% over the past 5 years.
Debt Coverage: RQ2's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: RQ2 earns more interest than it pays, so coverage of interest payments is not a concern.