Triona Balance Sheet Health
Financial Health criteria checks 5/6
Triona has a total shareholder equity of SEK68.2M and total debt of SEK12.0M, which brings its debt-to-equity ratio to 17.6%. Its total assets and total liabilities are SEK129.2M and SEK61.0M respectively. Triona's EBIT is SEK12.4M making its interest coverage ratio 302.9. It has cash and short-term investments of SEK22.3M.
Key information
17.6%
Debt to equity ratio
kr12.00m
Debt
| Interest coverage ratio | 302.9x |
| Cash | kr22.34m |
| Equity | kr68.18m |
| Total liabilities | kr61.00m |
| Total assets | kr129.18m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TRIONA's short term assets (SEK76.6M) exceed its short term liabilities (SEK51.6M).
Long Term Liabilities: TRIONA's short term assets (SEK76.6M) exceed its long term liabilities (SEK9.5M).
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 0.4% to 17.6% over the past 5 years.
Debt Coverage: TRIONA's debt is well covered by operating cash flow (75.4%).
Interest Coverage: TRIONA's interest payments on its debt are well covered by EBIT (302.9x coverage).