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 SEK343.7M, which brings its debt-to-equity ratio to 26.2%. Its total assets and total liabilities are SEK1.8B and SEK440.8M respectively. Train Alliance Sweden's EBIT is SEK35.9M making its interest coverage ratio 13.9. It has cash and short-term investments of SEK461.4M.
Key information
26.2%
Debt to equity ratio
kr343.70m
Debt
Interest coverage ratio | 13.9x |
Cash | kr461.41m |
Equity | kr1.31b |
Total liabilities | kr440.78m |
Total assets | kr1.75b |
Recent financial health updates
Is Train Alliance Sweden (STO:TRAIN B) Using Too Much Debt?
Oct 24Is 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 19We'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 (SEK730.9M) exceed its short term liabilities (SEK117.5M).
Long Term Liabilities: TRAIN B's short term assets (SEK730.9M) exceed its long term liabilities (SEK323.3M).
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 45% to 26.2% over the past 5 years.
Debt Coverage: TRAIN B's debt is well covered by operating cash flow (110.1%).
Interest Coverage: TRAIN B's interest payments on its debt are well covered by EBIT (13.9x coverage).