Triton Holding Balance Sheet Health
Financial Health criteria checks 4/6
Triton Holding has a total shareholder equity of THB649.1M and total debt of THB379.0M, which brings its debt-to-equity ratio to 58.4%. Its total assets and total liabilities are THB2.1B and THB1.5B respectively.
Key information
58.4%
Debt to equity ratio
฿378.96m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿224.62m |
| Equity | ฿649.10m |
| Total liabilities | ฿1.48b |
| Total assets | ฿2.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRITN-R's short term assets (THB998.9M) do not cover its short term liabilities (THB1.3B).
Long Term Liabilities: TRITN-R's short term assets (THB998.9M) exceed its long term liabilities (THB161.9M).
Debt to Equity History and Analysis
Debt Level: TRITN-R's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: TRITN-R's debt to equity ratio has increased from 4.4% to 58.4% 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: TRITN-R has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TRITN-R has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 6.2% each year