TradeDoubler Balance Sheet Health
Financial Health criteria checks 5/6
TradeDoubler has a total shareholder equity of SEK343.2M and total debt of SEK70.3M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are SEK1.1B and SEK707.3M respectively. TradeDoubler's EBIT is SEK32.8M making its interest coverage ratio 3.2. It has cash and short-term investments of SEK40.5M.
Key information
20.5%
Debt to equity ratio
SEK 70.28m
Debt
Interest coverage ratio | 3.2x |
Cash | SEK 40.49m |
Equity | SEK 343.24m |
Total liabilities | SEK 707.35m |
Total assets | SEK 1.05b |
Recent financial health updates
TradeDoubler (STO:TRAD) Seems To Use Debt Quite Sensibly
Nov 04TradeDoubler (STO:TRAD) Seems To Use Debt Quite Sensibly
Dec 28We Think TradeDoubler (STO:TRAD) Can Stay On Top Of Its Debt
Jun 12Does TradeDoubler (STO:TRAD) Have A Healthy Balance Sheet?
Jan 26We Think TradeDoubler (STO:TRAD) Can Stay On Top Of Its Debt
Sep 03Does TradeDoubler (STO:TRAD) Have A Healthy Balance Sheet?
May 10Recent updates
TradeDoubler AB (publ)'s (STO:TRAD) Price Is Right But Growth Is Lacking
Sep 06TradeDoubler (STO:TRAD) Seems To Use Debt Quite Sensibly
Nov 04TradeDoubler's (STO:TRAD) Returns On Capital Are Heading Higher
Feb 10TradeDoubler (STO:TRAD) Seems To Use Debt Quite Sensibly
Dec 28The Return Trends At TradeDoubler (STO:TRAD) Look Promising
Nov 03We Think TradeDoubler (STO:TRAD) Can Stay On Top Of Its Debt
Jun 12Returns On Capital Are Showing Encouraging Signs At TradeDoubler (STO:TRAD)
May 10Why Investors Shouldn't Be Surprised By TradeDoubler AB (publ)'s (STO:TRAD) 26% Share Price Plunge
Feb 17Does TradeDoubler (STO:TRAD) Have A Healthy Balance Sheet?
Jan 26Estimating The Intrinsic Value Of TradeDoubler AB (publ) (STO:TRAD)
Dec 21TradeDoubler (STO:TRAD) Is Doing The Right Things To Multiply Its Share Price
Nov 09We Think TradeDoubler (STO:TRAD) Can Stay On Top Of Its Debt
Sep 03TradeDoubler's (STO:TRAD) Returns On Capital Are Heading Higher
Jul 25TradeDoubler (STO:TRAD) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 24Does TradeDoubler (STO:TRAD) Have A Healthy Balance Sheet?
May 10Will The ROCE Trend At TradeDoubler (STO:TRAD) Continue?
Mar 16Here's Why TradeDoubler (STO:TRAD) Has A Meaningful Debt Burden
Feb 06What Do The Returns At TradeDoubler (STO:TRAD) Mean Going Forward?
Dec 15Financial Position Analysis
Short Term Liabilities: TRAD's short term assets (SEK507.1M) do not cover its short term liabilities (SEK615.9M).
Long Term Liabilities: TRAD's short term assets (SEK507.1M) exceed its long term liabilities (SEK91.5M).
Debt to Equity History and Analysis
Debt Level: TRAD's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: TRAD's debt to equity ratio has reduced from 58.9% to 20.5% over the past 5 years.
Debt Coverage: TRAD's debt is well covered by operating cash flow (97.5%).
Interest Coverage: TRAD's interest payments on its debt are well covered by EBIT (3.2x coverage).