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
Estimating The Fair Value Of TrenDevice S.p.A. (BIT:TD)
Jun 05
Investors 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.