Trident Estates Balance Sheet Health
Financial Health criteria checks 0/6
Trident Estates has a total shareholder equity of €61.5M and total debt of €35.0M, which brings its debt-to-equity ratio to 56.9%. Its total assets and total liabilities are €104.5M and €43.0M respectively. Trident Estates's EBIT is €2.9M making its interest coverage ratio 2.2. It has cash and short-term investments of €1.3M.
Key information
56.9%
Debt to equity ratio
€34.95m
Debt
| Interest coverage ratio | 2.2x |
| Cash | €1.33m |
| Equity | €61.46m |
| Total liabilities | €43.03m |
| Total assets | €104.49m |
Recent financial health updates
Recent updates
Trident Estates plc (MTSE:TRI) Not Lagging Market On Growth Or Pricing
Dec 24
Trident Estates' (MTSE:TRI) Weak Earnings May Only Reveal A Part Of The Whole Picture
Jun 06We Think Trident Estates (MTSE:TRI) Is Taking Some Risk With Its Debt
May 26Would Shareholders Who Purchased Trident Estates' (MTSE:TRI) Stock Year Be Happy With The Share price Today?
Jan 23
Financial Position Analysis
Short Term Liabilities: TRI's short term assets (€3.3M) do not cover its short term liabilities (€8.1M).
Long Term Liabilities: TRI's short term assets (€3.3M) do not cover its long term liabilities (€35.0M).
Debt to Equity History and Analysis
Debt Level: TRI's net debt to equity ratio (54.7%) is considered high.
Reducing Debt: TRI's debt to equity ratio has increased from 0% to 56.9% over the past 5 years.
Debt Coverage: TRI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TRI's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/28 00:03 |
| End of Day Share Price | 2025/01/28 00:00 |
| Earnings | 2024/07/31 |
| Annual Earnings | 2024/01/31 |
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 |
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| 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
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Analyst Sources
Trident Estates plc is covered by 0 analysts. 0 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 |
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