Tracsis Balance Sheet Health
Financial Health criteria checks 6/6
Tracsis has a total shareholder equity of £67.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £94.4M and £26.6M respectively. Tracsis's EBIT is £4.6M making its interest coverage ratio -507.4. It has cash and short-term investments of £16.8M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -507.4x |
| Cash | UK£16.76m |
| Equity | UK£67.86m |
| Total liabilities | UK£26.58m |
| Total assets | UK£94.44m |
Recent financial health updates
No updates
Recent updates
This Is Why Tracsis plc's (LON:TRCS) CEO Compensation Looks Appropriate
Jan 11
Earnings Miss: Tracsis plc Missed EPS By 60% And Analysts Are Revising Their Forecasts
Nov 12An Intrinsic Calculation For Tracsis plc (LON:TRCS) Suggests It's 21% Undervalued
Nov 03Here's What's Concerning About Tracsis' (LON:TRCS) Returns On Capital
Nov 16There Are Reasons To Feel Uneasy About Tracsis' (LON:TRCS) Returns On Capital
May 12Is Tracsis plc (LON:TRCS) Potentially Undervalued?
Mar 11How Many Tracsis plc (LON:TRCS) Shares Do Institutions Own?
Feb 24Do Its Financials Have Any Role To Play In Driving Tracsis plc's (LON:TRCS) Stock Up Recently?
Feb 09Our Take On The Returns On Capital At Tracsis (LON:TRCS)
Jan 26
Does Tracsis' (LON:TRCS) Share Price Gain of 19% Match Its Business Performance?
Jan 12Here's Why We Think Tracsis's (LON:TRCS) Statutory Earnings Might Be Conservative
Dec 30Maxwell Cawthra Is The CFO, Company Secretary & Executive Director of Tracsis plc (LON:TRCS) And They Just Sold 45% Of Their Shares
Dec 16What Is Tracsis plc's (LON:TRCS) Share Price Doing?
Dec 03Financial Position Analysis
Short Term Liabilities: TRCS's short term assets (£33.4M) exceed its short term liabilities (£18.7M).
Long Term Liabilities: TRCS's short term assets (£33.4M) exceed its long term liabilities (£7.8M).
Debt to Equity History and Analysis
Debt Level: TRCS is debt free.
Reducing Debt: TRCS has not had any debt for past 5 years.
Debt Coverage: TRCS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TRCS has no debt, therefore coverage of interest payments is not a concern.