TraWell Co Balance Sheet Health
Financial Health criteria checks 2/6
TraWell Co has a total shareholder equity of €8.9M and total debt of €10.9M, which brings its debt-to-equity ratio to 122.5%. Its total assets and total liabilities are €42.2M and €33.3M respectively. TraWell Co's EBIT is €6.9M making its interest coverage ratio 10.3. It has cash and short-term investments of €3.4M.
Key information
122.5%
Debt to equity ratio
€10.91m
Debt
| Interest coverage ratio | 10.3x |
| Cash | €3.43m |
| Equity | €8.91m |
| Total liabilities | €33.29m |
| Total assets | €42.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DD8's short term assets (€9.9M) do not cover its short term liabilities (€14.0M).
Long Term Liabilities: 0DD8's short term assets (€9.9M) do not cover its long term liabilities (€19.3M).
Debt to Equity History and Analysis
Debt Level: 0DD8's net debt to equity ratio (83.9%) is considered high.
Reducing Debt: 0DD8's debt to equity ratio has increased from 33% to 122.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 0DD8 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 0DD8 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 27.7% per year.