TROPHY GAMES Development Balance Sheet Health
Financial Health criteria checks 6/6
TROPHY GAMES Development has a total shareholder equity of DKK52.4M and total debt of DKK94.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are DKK62.1M and DKK9.7M respectively. TROPHY GAMES Development's EBIT is DKK7.9M making its interest coverage ratio 33.6. It has cash and short-term investments of DKK24.7M.
Key information
0.2%
Debt to equity ratio
kr.94.00k
Debt
| Interest coverage ratio | 33.6x |
| Cash | kr.24.72m |
| Equity | kr.52.39m |
| Total liabilities | kr.9.68m |
| Total assets | kr.62.07m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TGAMES's short term assets (DKK35.6M) exceed its short term liabilities (DKK4.9M).
Long Term Liabilities: TGAMES's short term assets (DKK35.6M) exceed its long term liabilities (DKK4.8M).
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 25.6% to 0.2% over the past 5 years.
Debt Coverage: TGAMES's debt is well covered by operating cash flow (11959.6%).
Interest Coverage: TGAMES's interest payments on its debt are well covered by EBIT (33.6x coverage).