Trifork Group Balance Sheet Health
Financial Health criteria checks 3/6
Trifork Group has a total shareholder equity of €121.7M and total debt of €61.7M, which brings its debt-to-equity ratio to 50.7%. Its total assets and total liabilities are €304.3M and €182.6M respectively. Trifork Group's EBIT is €19.0M making its interest coverage ratio 5.8. It has cash and short-term investments of €32.8M.
Key information
50.7%
Debt to equity ratio
€61.70m
Debt
| Interest coverage ratio | 5.8x |
| Cash | €32.79m |
| Equity | €121.69m |
| Total liabilities | €182.58m |
| Total assets | €304.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRIFOC's short term assets (€86.1M) do not cover its short term liabilities (€91.0M).
Long Term Liabilities: TRIFOC's short term assets (€86.1M) do not cover its long term liabilities (€91.6M).
Debt to Equity History and Analysis
Debt Level: TRIFOC's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: TRIFOC's debt to equity ratio has increased from 0% to 50.7% over the past 5 years.
Debt Coverage: TRIFOC's debt is well covered by operating cash flow (43.6%).
Interest Coverage: TRIFOC's interest payments on its debt are well covered by EBIT (5.8x coverage).