TrenDevice Balance Sheet Health
Financial Health criteria checks 2/6
TrenDevice has a total shareholder equity of €2.0M and total debt of €6.0M, which brings its debt-to-equity ratio to 302.1%. Its total assets and total liabilities are €11.7M and €9.7M respectively.
Key information
302.1%
Debt to equity ratio
€6.04m
Debt
| Interest coverage ratio | n/a |
| Cash | €571.55k |
| Equity | €2.00m |
| Total liabilities | €9.72m |
| Total assets | €11.72m |
Recent financial health updates
No updates
Recent updates
TrenDevice S.p.A. (BIT:TD) Investors Are Less Pessimistic Than Expected
Dec 07
Estimating The Fair Value Of TrenDevice S.p.A. (BIT:TD)
Jun 05Investors Holding Back On TrenDevice S.p.A. (BIT:TD)
Mar 08Estimating The Intrinsic Value Of TrenDevice S.p.A. (BIT:TD)
Nov 15Shareholders Should Be Pleased With TrenDevice S.p.A.'s (BIT:TD) Price
Jul 14Estimating The Fair Value Of TrenDevice S.p.A. (BIT:TD)
Jan 25Financial Position Analysis
Short Term Liabilities: TD's short term assets (€5.3M) exceed its short term liabilities (€3.5M).
Long Term Liabilities: TD's short term assets (€5.3M) do not cover its long term liabilities (€6.3M).
Debt to Equity History and Analysis
Debt Level: TD's net debt to equity ratio (273.5%) is considered high.
Reducing Debt: Insufficient data to determine if TD's debt to equity ratio has reduced 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: TD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 20:44 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TrenDevice S.p.A. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Luigi Tardella | EnVent Capital Markets Limited |