Triona Balance Sheet Health
Financial Health criteria checks 5/6
Triona has a total shareholder equity of SEK66.6M and total debt of SEK9.0M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are SEK119.4M and SEK52.8M respectively. Triona's EBIT is SEK7.1M making its interest coverage ratio -46.6. It has cash and short-term investments of SEK22.4M.
Key information
13.5%
Debt to equity ratio
SEK 9.00m
Debt
| Interest coverage ratio | -46.6x |
| Cash | SEK 22.42m |
| Equity | SEK 66.61m |
| Total liabilities | SEK 52.81m |
| Total assets | SEK 119.42m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TRIONA's short term assets (SEK73.6M) exceed its short term liabilities (SEK46.4M).
Long Term Liabilities: TRIONA's short term assets (SEK73.6M) exceed its long term liabilities (SEK6.5M).
Debt to Equity History and Analysis
Debt Level: TRIONA has more cash than its total debt.
Reducing Debt: TRIONA's debt to equity ratio has increased from 0% to 13.5% over the past 5 years.
Debt Coverage: TRIONA's debt is well covered by operating cash flow (159.4%).
Interest Coverage: TRIONA earns more interest than it pays, so coverage of interest payments is not a concern.