Train Alliance Sweden Balance Sheet Health
Financial Health criteria checks 6/6
Train Alliance Sweden has a total shareholder equity of SEK1.3B and total debt of SEK357.0M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are SEK1.8B and SEK499.6M respectively. Train Alliance Sweden's EBIT is SEK38.9M making its interest coverage ratio 11.8. It has cash and short-term investments of SEK459.8M.
Key information
27.4%
Debt to equity ratio
kr356.98m
Debt
| Interest coverage ratio | 11.8x |
| Cash | kr459.80m |
| Equity | kr1.30b |
| Total liabilities | kr499.62m |
| Total assets | kr1.80b |
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 (SEK772.4M) exceed its short term liabilities (SEK163.1M).
Long Term Liabilities: TRAIN B's short term assets (SEK772.4M) exceed its long term liabilities (SEK336.6M).
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 48.9% to 27.4% over the past 5 years.
Debt Coverage: TRAIN B's debt is well covered by operating cash flow (84.2%).
Interest Coverage: TRAIN B's interest payments on its debt are well covered by EBIT (11.8x coverage).