Triton Development Balance Sheet Health
Financial Health criteria checks 5/6
Triton Development has a total shareholder equity of PLN77.7M and total debt of PLN1.5M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are PLN142.2M and PLN64.6M respectively.
Key information
2.0%
Debt to equity ratio
zł1.52m
Debt
| Interest coverage ratio | n/a |
| Cash | zł8.54m |
| Equity | zł77.67m |
| Total liabilities | zł64.57m |
| Total assets | zł142.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRI's short term assets (PLN119.5M) exceed its short term liabilities (PLN57.5M).
Long Term Liabilities: TRI's short term assets (PLN119.5M) exceed its long term liabilities (PLN7.1M).
Debt to Equity History and Analysis
Debt Level: TRI has more cash than its total debt.
Reducing Debt: TRI's debt to equity ratio has increased from 1.5% to 2% 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 TRI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TRI is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 9.7% per year.