TR Hotel Jardin Del Mar Balance Sheet Health
Financial Health criteria checks 6/6
TR Hotel Jardin Del Mar has a total shareholder equity of €1.8M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €3.0M and €1.2M respectively. TR Hotel Jardin Del Mar's EBIT is €775.7K making its interest coverage ratio 91.5. It has cash and short-term investments of €2.2M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 91.5x |
| Cash | €2.20m |
| Equity | €1.79m |
| Total liabilities | €1.18m |
| Total assets | €2.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRH's short term assets (€2.8M) exceed its short term liabilities (€1.0M).
Long Term Liabilities: TRH's short term assets (€2.8M) exceed its long term liabilities (€133.0K).
Debt to Equity History and Analysis
Debt Level: TRH is debt free.
Reducing Debt: TRH had no debt 5 years ago.
Debt Coverage: TRH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TRH has no debt, therefore coverage of interest payments is not a concern.