Trakm8 Holdings Balance Sheet Health

Financial Health criteria checks 3/6

Trakm8 Holdings has a total shareholder equity of £18.1M and total debt of £6.5M, which brings its debt-to-equity ratio to 36.2%. Its total assets and total liabilities are £34.4M and £16.3M respectively.

Key information

36.2%

Debt to equity ratio

UK£6.54m

Debt

Interest coverage ration/a
CashUK£354.00k
EquityUK£18.09m
Total liabilitiesUK£16.34m
Total assetsUK£34.43m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: T8H's short term assets (£7.2M) do not cover its short term liabilities (£13.8M).

Long Term Liabilities: T8H's short term assets (£7.2M) exceed its long term liabilities (£2.5M).


Debt to Equity History and Analysis

Debt Level: T8H's net debt to equity ratio (34.2%) is considered satisfactory.

Reducing Debt: T8H's debt to equity ratio has increased from 33.2% to 36.2% over the past 5 years.

Debt Coverage: T8H's debt is well covered by operating cash flow (62.1%).

Interest Coverage: Insufficient data to determine if T8H's interest payments on its debt are well covered by EBIT.


Balance Sheet


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