tick Trading Software Balance Sheet Health
Financial Health criteria checks 6/6
tick Trading Software has a total shareholder equity of €3.7M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €4.7M and €1.1M respectively. tick Trading Software's EBIT is €837.7K making its interest coverage ratio -10.6. It has cash and short-term investments of €2.5M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -10.6x |
| Cash | €2.46m |
| Equity | €3.67m |
| Total liabilities | €1.06m |
| Total assets | €4.73m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TBX0's short term assets (€4.1M) exceed its short term liabilities (€675.3K).
Long Term Liabilities: TBX0's short term assets (€4.1M) exceed its long term liabilities (€388.8K).
Debt to Equity History and Analysis
Debt Level: TBX0 is debt free.
Reducing Debt: TBX0 has not had any debt for past 5 years.
Debt Coverage: TBX0 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TBX0 has no debt, therefore coverage of interest payments is not a concern.