Freetrailer Group Balance Sheet Health
Financial Health criteria checks 6/6
Freetrailer Group has a total shareholder equity of DKK49.7M and total debt of DKK2.8K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are DKK74.0M and DKK24.3M respectively. Freetrailer Group's EBIT is DKK20.3M making its interest coverage ratio -69.5. It has cash and short-term investments of DKK40.0M.
Key information
0.006%
Debt to equity ratio
DKK 2.80k
Debt
| Interest coverage ratio | -69.5x |
| Cash | DKK 39.96m |
| Equity | DKK 49.72m |
| Total liabilities | DKK 24.28m |
| Total assets | DKK 73.99m |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Freetrailer Group A/S (NGM:FREETR) With Shares Advancing 32%
Dec 10
Shareholders Can Be Confident That Freetrailer Group's (NGM:FREETR) Earnings Are High Quality
Dec 06Shareholders Can Be Confident That Freetrailer Group's (NGM:FREETR) Earnings Are High Quality
Jun 06Optimistic Investors Push Freetrailer Group A/S (NGM:FREETR) Shares Up 25% But Growth Is Lacking
May 09Freetrailer Group A/S' (NGM:FREETR) 26% Jump Shows Its Popularity With Investors
Jan 04A Look At The Fair Value Of Freetrailer Group A/S (NGM:FREETR)
Mar 10Earnings Not Telling The Story For Freetrailer Group A/S (NGM:FREETR)
Jan 17We Think That There Are Issues Underlying Freetrailer Group's (NGM:FREETR) Earnings
Sep 02Financial Position Analysis
Short Term Liabilities: FREETR's short term assets (DKK53.4M) exceed its short term liabilities (DKK23.2M).
Long Term Liabilities: FREETR's short term assets (DKK53.4M) exceed its long term liabilities (DKK1.1M).
Debt to Equity History and Analysis
Debt Level: FREETR has more cash than its total debt.
Reducing Debt: FREETR's debt to equity ratio has reduced from 2.4% to 0.01% over the past 5 years.
Debt Coverage: FREETR's debt is well covered by operating cash flow (890249.4%).
Interest Coverage: FREETR earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:14 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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 here.
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 .
Analyst Sources
Freetrailer Group A/S is covered by 0 analysts. 0 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 |
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