Train Alliance Balance Sheet Health
Financial Health criteria checks 6/6
Train Alliance has a total shareholder equity of SEK1.3B and total debt of SEK335.9M, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are SEK1.7B and SEK427.4M respectively. Train Alliance's EBIT is SEK41.1M making its interest coverage ratio -20.6. It has cash and short-term investments of SEK401.5M.
Key information
25.7%
Debt to equity ratio
SEK 335.92m
Debt
| Interest coverage ratio | -20.6x |
| Cash | SEK 401.47m |
| Equity | SEK 1.31b |
| Total liabilities | SEK 427.37m |
| Total assets | SEK 1.74b |
Recent financial health updates
Is Train Alliance Sweden (STO:TRAIN B) Using Too Much Debt?
Oct 24
Is Train Alliance Sweden (STO:TRAIN B) A Risky Investment?
May 12Is Train Alliance Sweden (STO:TRAIN B) A Risky Investment?
Oct 12Is Train Alliance Sweden (STO:TRAIN B) Using Too Much Debt?
Mar 04Train Alliance Sweden (STO:TRAIN B) Takes On Some Risk With Its Use Of Debt
Dec 01Recent updates
Estimating The Fair Value Of Train Alliance Sweden AB (publ) (STO:TRAIN B)
Dec 02Is Train Alliance Sweden (STO:TRAIN B) Using Too Much Debt?
Oct 24Train Alliance Sweden (STO:TRAIN B) Is Looking To Continue Growing Its Returns On Capital
Jul 04Is Train Alliance Sweden (STO:TRAIN B) A Risky Investment?
May 12Is Train Alliance Sweden (STO:TRAIN B) A Risky Investment?
Oct 12Some Investors May Be Worried About Train Alliance Sweden's (STO:TRAIN B) Returns On Capital
May 28Is Train Alliance Sweden (STO:TRAIN B) Using Too Much Debt?
Mar 04Does Train Alliance Sweden (STO:TRAIN B) Deserve A Spot On Your Watchlist?
Feb 19
We're Not So Sure You Should Rely on Train Alliance Sweden's (STO:TRAIN B) Statutory Earnings
Feb 03Train Alliance Sweden AB (publ) (STO:TRAIN B) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Jan 04Train Alliance Sweden (STO:TRAIN B) Takes On Some Risk With Its Use Of Debt
Dec 01Financial Position Analysis
Short Term Liabilities: TRAIN B's short term assets (SEK647.4M) exceed its short term liabilities (SEK111.9M).
Long Term Liabilities: TRAIN B's short term assets (SEK647.4M) exceed its long term liabilities (SEK315.5M).
Debt to Equity History and Analysis
Debt Level: TRAIN B has more cash than its total debt.
Reducing Debt: TRAIN B's debt to equity ratio has reduced from 55.5% to 25.7% over the past 5 years.
Debt Coverage: TRAIN B's debt is well covered by operating cash flow (94.3%).
Interest Coverage: TRAIN B earns more interest than it pays, so coverage of interest payments is not a concern.