Triton Holding Balance Sheet Health
Financial Health criteria checks 4/6
Triton Holding has a total shareholder equity of THB780.3M and total debt of THB390.0M, which brings its debt-to-equity ratio to 50%. Its total assets and total liabilities are THB2.3B and THB1.5B respectively.
Key information
50.0%
Debt to equity ratio
฿390.02m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿270.56m |
| Equity | ฿780.27m |
| Total liabilities | ฿1.52b |
| Total assets | ฿2.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRITN-R's short term assets (THB1.1B) do not cover its short term liabilities (THB1.3B).
Long Term Liabilities: TRITN-R's short term assets (THB1.1B) exceed its long term liabilities (THB171.6M).
Debt to Equity History and Analysis
Debt Level: TRITN-R's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: TRITN-R's debt to equity ratio has increased from 0% to 50% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TRITN-R has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TRITN-R is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14.1% per year.