Freetrailer Group Balance Sheet Health
Financial Health criteria checks 5/6
Freetrailer Group has a total shareholder equity of DKK37.3M and total debt of DKK81.7K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are DKK59.9M and DKK22.6M respectively. Freetrailer Group's EBIT is DKK9.2M making its interest coverage ratio 17. It has cash and short-term investments of DKK27.7M.
Key information
0.2%
Debt to equity ratio
kr.81.68k
Debt
Interest coverage ratio | 17x |
Cash | kr.27.69m |
Equity | kr.37.34m |
Total liabilities | kr.22.60m |
Total assets | kr.59.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: R0C's short term assets (DKK42.3M) exceed its short term liabilities (DKK18.4M).
Long Term Liabilities: R0C's short term assets (DKK42.3M) exceed its long term liabilities (DKK4.2M).
Debt to Equity History and Analysis
Debt Level: R0C has more cash than its total debt.
Reducing Debt: R0C's debt to equity ratio has increased from 0% to 0.2% over the past 5 years.
Debt Coverage: R0C's debt is well covered by operating cash flow (27510.6%).
Interest Coverage: R0C's interest payments on its debt are well covered by EBIT (17x coverage).