TROPHY GAMES Development Balance Sheet Health
Financial Health criteria checks 6/6
TROPHY GAMES Development has a total shareholder equity of DKK62.1M and total debt of DKK135.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are DKK73.6M and DKK11.5M respectively. TROPHY GAMES Development's EBIT is DKK12.0M making its interest coverage ratio 18.6. It has cash and short-term investments of DKK21.8M.
Key information
0.2%
Debt to equity ratio
DKK 135.00k
Debt
| Interest coverage ratio | 18.6x |
| Cash | DKK 21.78m |
| Equity | DKK 62.05m |
| Total liabilities | DKK 11.52m |
| Total assets | DKK 73.57m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TGAMES's short term assets (DKK39.6M) exceed its short term liabilities (DKK10.1M).
Long Term Liabilities: TGAMES's short term assets (DKK39.6M) exceed its long term liabilities (DKK1.4M).
Debt to Equity History and Analysis
Debt Level: TGAMES has more cash than its total debt.
Reducing Debt: TGAMES's debt to equity ratio has reduced from 52.4% to 0.2% over the past 5 years.
Debt Coverage: TGAMES's debt is well covered by operating cash flow (9804.4%).
Interest Coverage: TGAMES's interest payments on its debt are well covered by EBIT (18.6x coverage).