Troax Group Balance Sheet Health
Financial Health criteria checks 6/6
Troax Group has a total shareholder equity of €172.2M and total debt of €71.0M, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are €319.0M and €146.8M respectively. Troax Group's EBIT is €47.0M making its interest coverage ratio 10.9. It has cash and short-term investments of €23.8M.
Key information
41.2%
Debt to equity ratio
€71.00m
Debt
| Interest coverage ratio | 10.9x |
| Cash | €23.80m |
| Equity | €172.20m |
| Total liabilities | €146.80m |
| Total assets | €319.00m |
Recent financial health updates
Troax Group (STO:TROAX) Has A Pretty Healthy Balance Sheet
Dec 05
We Think Troax Group (STO:TROAX) Can Stay On Top Of Its Debt
Jul 29Is Troax Group (STO:TROAX) Using Too Much Debt?
Dec 06Troax Group (STO:TROAX) Seems To Use Debt Quite Sensibly
May 11These 4 Measures Indicate That Troax Group (STO:TROAX) Is Using Debt Reasonably Well
Feb 05Troax Group (STO:TROAX) Has A Pretty Healthy Balance Sheet
Oct 04Recent updates
Returns At Troax Group (STO:TROAX) Appear To Be Weighed Down
Jan 30Troax Group (STO:TROAX) Has A Pretty Healthy Balance Sheet
Dec 05Troax Group AB (publ) (STO:TROAX) Investors Are Less Pessimistic Than Expected
Nov 16Troax Group (STO:TROAX) Has More To Do To Multiply In Value Going Forward
Oct 25Troax Group AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models
Aug 18Is Troax Group AB (publ) (STO:TROAX) Potentially Undervalued?
Aug 16We Think Troax Group (STO:TROAX) Can Stay On Top Of Its Debt
Jul 29Returns On Capital At Troax Group (STO:TROAX) Have Stalled
May 27Is Troax Group AB (publ) (STO:TROAX) Expensive For A Reason? A Look At Its Intrinsic Value
May 12At kr240, Is Troax Group AB (publ) (STO:TROAX) Worth Looking At Closely?
Mar 22Investors Shouldn't Overlook The Favourable Returns On Capital At Troax Group (STO:TROAX)
Jan 16Is Troax Group (STO:TROAX) Using Too Much Debt?
Dec 06Are Troax Group AB (publ) (STO:TROAX) Investors Paying Above The Intrinsic Value?
Oct 26Troax Group AB (publ)'s (STO:TROAX) Intrinsic Value Is Potentially 19% Below Its Share Price
Jul 06Why You Should Care About Troax Group's (STO:TROAX) Strong Returns On Capital
May 26Troax Group (STO:TROAX) Seems To Use Debt Quite Sensibly
May 11Are Troax Group AB (publ) (STO:TROAX) Investors Paying Above The Intrinsic Value?
Mar 11What Is Troax Group AB (publ)'s (STO:TROAX) Share Price Doing?
Feb 22These 4 Measures Indicate That Troax Group (STO:TROAX) Is Using Debt Reasonably Well
Feb 05Capital Investment Trends At Troax Group (STO:TROAX) Look Strong
Nov 11Troax Group (STO:TROAX) Has A Pretty Healthy Balance Sheet
Oct 04Is It Time To Consider Buying Troax Group AB (publ) (STO:TROAX)?
Sep 17Do Troax Group's (STO:TROAX) Earnings Warrant Your Attention?
Aug 06A Look Into Troax Group's (STO:TROAX) Impressive Returns On Capital
Jul 23We Think Troax Group (STO:TROAX) Can Stay On Top Of Its Debt
Jun 29A Look At The Intrinsic Value Of Troax Group AB (publ) (STO:TROAX)
Jun 10Is There Now An Opportunity In Troax Group AB (publ) (STO:TROAX)?
May 06Shareholders Would Enjoy A Repeat Of Troax Group's (STO:TROAX) Recent Growth In Returns
Apr 19Here's Why We Think Troax Group (STO:TROAX) Is Well Worth Watching
Apr 05These 4 Measures Indicate That Troax Group (STO:TROAX) Is Using Debt Reasonably Well
Mar 19Calculating The Fair Value Of Troax Group AB (publ) (STO:TROAX)
Mar 06When Should You Buy Troax Group AB (publ) (STO:TROAX)?
Jan 26Troax Group (STO:TROAX) Knows How To Allocate Capital Effectively
Jan 09I Ran A Stock Scan For Earnings Growth And Troax Group (STO:TROAX) Passed With Ease
Dec 23Troax Group (STO:TROAX) Has A Rock Solid Balance Sheet
Dec 08At kr363, Is Troax Group AB (publ) (STO:TROAX) Worth Looking At Closely?
Oct 24We Like Troax Group's (STO:TROAX) Returns And Here's How They're Trending
Oct 10Do Troax Group's (STO:TROAX) Earnings Warrant Your Attention?
Sep 24Troax Group (STO:TROAX) Could Easily Take On More Debt
Sep 09Upgrade: Analysts Just Made A Sizeable Increase To Their Troax Group AB (publ) (STO:TROAX) Forecasts
Aug 22Should You Think About Buying Troax Group AB (publ) (STO:TROAX) Now?
Jul 16Returns At Troax Group (STO:TROAX) Appear To Be Weighed Down
Jul 01Is Troax Group (STO:TROAX) Using Too Much Debt?
Jun 10Financial Position Analysis
Short Term Liabilities: TROAX's short term assets (€112.7M) exceed its short term liabilities (€47.5M).
Long Term Liabilities: TROAX's short term assets (€112.7M) exceed its long term liabilities (€99.3M).
Debt to Equity History and Analysis
Debt Level: TROAX's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: TROAX's debt to equity ratio has reduced from 78.3% to 41.2% over the past 5 years.
Debt Coverage: TROAX's debt is well covered by operating cash flow (67.7%).
Interest Coverage: TROAX's interest payments on its debt are well covered by EBIT (10.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 10:34 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Troax Group AB (publ) is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Simon Jonsson | Berenberg |
| Kristofer Liljeberg-Svensson | Carnegie Investment Bank AB |
| Kenneth Toll Johansson | Carnegie Investment Bank AB |