TTS (Transport Trade Services) Balance Sheet Health
Financial Health criteria checks 6/6
TTS (Transport Trade Services) has a total shareholder equity of RON1.1B and total debt of RON131.0M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are RON1.3B and RON252.4M respectively. TTS (Transport Trade Services)'s EBIT is RON351.5M making its interest coverage ratio -174.9. It has cash and short-term investments of RON229.6M.
Key information
12.1%
Debt to equity ratio
RON131.05m
Debt
Interest coverage ratio | -174.9x |
Cash | RON229.63m |
Equity | RON1.09b |
Total liabilities | RON252.44m |
Total assets | RON1.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TTS's short term assets (RON369.6M) exceed its short term liabilities (RON135.3M).
Long Term Liabilities: TTS's short term assets (RON369.6M) exceed its long term liabilities (RON117.2M).
Debt to Equity History and Analysis
Debt Level: TTS has more cash than its total debt.
Reducing Debt: TTS's debt to equity ratio has reduced from 20.4% to 12.1% over the past 5 years.
Debt Coverage: TTS's debt is well covered by operating cash flow (297.6%).
Interest Coverage: TTS earns more interest than it pays, so coverage of interest payments is not a concern.