Trident Estates Balance Sheet Health

Financial Health criteria checks 4/6

Trident Estates has a total shareholder equity of €61.5M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. 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 €1.1M.

Key information

0%

Debt to equity ratio

€0

Debt

Interest coverage ratio2.2x
Cash€1.06m
Equity€61.46m
Total liabilities€43.03m
Total assets€104.49m

Recent financial health updates

Recent updates

Trident Estates' (MTSE:TRI) Weak Earnings May Only Reveal A Part Of The Whole Picture

Jun 06
Trident Estates' (MTSE:TRI) Weak Earnings May Only Reveal A Part Of The Whole Picture

We Think Trident Estates (MTSE:TRI) Is Taking Some Risk With Its Debt

May 26
We Think Trident Estates (MTSE:TRI) Is Taking Some Risk With Its Debt

Would Shareholders Who Purchased Trident Estates' (MTSE:TRI) Stock Year Be Happy With The Share price Today?

Jan 23
Would Shareholders Who Purchased Trident Estates' (MTSE:TRI) Stock Year Be Happy With The Share price Today?

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 is debt free.

Reducing Debt: TRI had no debt 5 years ago.

Debt Coverage: TRI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TRI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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