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 ratio | n/a |
| Cash | UK£354.00k |
| Equity | UK£18.09m |
| Total liabilities | UK£16.34m |
| Total assets | UK£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.