Trainline Balance Sheet Health
Financial Health criteria checks 5/6
Trainline has a total shareholder equity of £313.0M and total debt of £139.8M, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are £705.7M and £392.7M respectively. Trainline's EBIT is £33.6M making its interest coverage ratio 5.4. It has cash and short-term investments of £119.3M.
Key information
44.7%
Debt to equity ratio
UK£139.81m
Debt
| Interest coverage ratio | 5.4x |
| Cash | UK£119.33m |
| Equity | UK£313.01m |
| Total liabilities | UK£392.67m |
| Total assets | UK£705.68m |
Recent financial health updates
Is Trainline (LON:TRN) A Risky Investment?
Feb 17
Trainline (LON:TRN) Has A Somewhat Strained Balance Sheet
Aug 21Is Trainline (LON:TRN) Using Too Much Debt?
Jan 30We Think Trainline (LON:TRN) Has A Fair Chunk Of Debt
Aug 10Trainline (LON:TRN) Is Making Moderate Use Of Debt
Nov 28Here's Why Trainline (LON:TRN) Can Afford Some Debt
Aug 21Recent updates
The Return Trends At Trainline (LON:TRN) Look Promising
Apr 03Is Trainline (LON:TRN) A Risky Investment?
Feb 17At UK£3.27, Is It Time To Put Trainline Plc (LON:TRN) On Your Watch List?
Jan 30Why Investors Shouldn't Be Surprised By Trainline Plc's (LON:TRN) P/E
Jan 06A Look At The Fair Value Of Trainline Plc (LON:TRN)
Dec 19Trainline (LON:TRN) Is Doing The Right Things To Multiply Its Share Price
Oct 29The Price Is Right For Trainline Plc (LON:TRN)
Oct 07Are Investors Undervaluing Trainline Plc (LON:TRN) By 42%?
Sep 15Trainline (LON:TRN) Has A Somewhat Strained Balance Sheet
Aug 21When Should You Buy Trainline Plc (LON:TRN)?
Aug 06Is Trainline Plc (LON:TRN) Worth UK£2.7 Based On Its Intrinsic Value?
May 26Is It Time To Consider Buying Trainline Plc (LON:TRN)?
May 05Investors Will Want Trainline's (LON:TRN) Growth In ROCE To Persist
Apr 02Is Trainline (LON:TRN) Using Too Much Debt?
Jan 30Trainline (LON:TRN) Is Experiencing Growth In Returns On Capital
Dec 07Trainline's (LON:TRN) Strong Earnings Are Of Good Quality
Nov 11We Think Trainline (LON:TRN) Has A Fair Chunk Of Debt
Aug 10A Look At The Intrinsic Value Of Trainline Plc (LON:TRN)
May 26Is It Time To Consider Buying Trainline Plc (LON:TRN)?
May 06Trainline (LON:TRN) Is Making Moderate Use Of Debt
Nov 28Here's Why Trainline (LON:TRN) Can Afford Some Debt
Aug 21Does This Valuation Of Trainline Plc (LON:TRN) Imply Investors Are Overpaying?
Jul 23Is Trainline (LON:TRN) A Risky Investment?
May 12This Insider Has Just Sold Shares In Trainline Plc (LON:TRN)
Feb 18
What You Need To Know About The Trainline Plc (LON:TRN) Analyst Downgrade Today
Feb 05Newsflash: Trainline Plc (LON:TRN) Analysts Have Been Trimming Their Revenue Forecasts
Jan 20When Will Trainline Plc (LON:TRN) Become Profitable?
Jan 12Have Insiders Sold Trainline Plc (LON:TRN) Shares Recently?
Dec 06Would Trainline (LON:TRN) Be Better Off With Less Debt?
Nov 17Financial Position Analysis
Short Term Liabilities: TRN's short term assets (£173.2M) do not cover its short term liabilities (£243.4M).
Long Term Liabilities: TRN's short term assets (£173.2M) exceed its long term liabilities (£149.3M).
Debt to Equity History and Analysis
Debt Level: TRN's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: TRN's debt to equity ratio has reduced from 115.6% to 44.7% over the past 5 years.
Debt Coverage: TRN's debt is well covered by operating cash flow (57.2%).
Interest Coverage: TRN's interest payments on its debt are well covered by EBIT (5.4x coverage).