Trainline Balance Sheet Health
Financial Health criteria checks 5/6
Trainline has a total shareholder equity of £312.0M and total debt of £140.8M, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are £681.9M and £369.9M respectively. Trainline's EBIT is £64.3M making its interest coverage ratio 11.4. It has cash and short-term investments of £91.1M.
Key information
45.1%
Debt to equity ratio
UK£140.79m
Debt
| Interest coverage ratio | 11.4x |
| Cash | UK£91.09m |
| Equity | UK£312.02m |
| Total liabilities | UK£369.92m |
| Total assets | UK£681.93m |
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
Is There An Opportunity With Trainline Plc's (LON:TRN) 39% Undervaluation?
Oct 06Is There Now An Opportunity In Trainline Plc (LON:TRN)?
Jun 06Earnings Tell The Story For Trainline Plc (LON:TRN)
May 14Calculating The Intrinsic Value Of Trainline Plc (LON:TRN)
Apr 26The 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
Financial Position Analysis
Short Term Liabilities: TRN's short term assets (£150.3M) do not cover its short term liabilities (£221.8M).
Long Term Liabilities: TRN's short term assets (£150.3M) exceed its long term liabilities (£148.1M).
Debt to Equity History and Analysis
Debt Level: TRN's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: TRN's debt to equity ratio has reduced from 122.1% to 45.1% over the past 5 years.
Debt Coverage: TRN's debt is well covered by operating cash flow (86.5%).
Interest Coverage: TRN's interest payments on its debt are well covered by EBIT (11.4x coverage).