Triumph Group Balance Sheet Health
Financial Health criteria checks 1/6
Triumph Group has a total shareholder equity of $-95.2M and total debt of $965.7M, which brings its debt-to-equity ratio to -1014.6%. Its total assets and total liabilities are $1.5B and $1.6B respectively. Triumph Group's EBIT is $127.0M making its interest coverage ratio 1.2. It has cash and short-term investments of $104.9M.
Key information
-1,014.6%
Debt to equity ratio
US$965.75m
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$104.89m |
| Equity | -US$95.19m |
| Total liabilities | US$1.61b |
| Total assets | US$1.51b |
Recent financial health updates
Recent updates
The Market Lifts Triumph Group, Inc. (NYSE:TGI) Shares 27% But It Can Do More
Nov 07
Triumph Group: I Am Downgrading This Aerospace Underperformer
Aug 27Triumph Group Stock: Lower Debt And Leverage Provides A More Compelling Value Proposition
May 05Triumph Group, Inc.'s (NYSE:TGI) Price Is Right But Growth Is Lacking
Mar 26Return Trends At Triumph Group (NYSE:TGI) Aren't Appealing
Nov 09Triumph Group: An Uphill Battle Against A Pile Of Debt
Oct 24Earnings Working Against Triumph Group, Inc.'s (NYSE:TGI) Share Price Following 26% Dive
Aug 04Triumph Is Cheap: The Stock Decline Cannot Really Be Explained
Aug 03Triumph Group: Upside Catalyst Expected From Achieving FY25 Target
Jul 09Triumph Group (NYSE:TGI) Might Have The Makings Of A Multi-Bagger
Jul 07Triumph Group: Bright Aerospace Prospects, Little Value Upside For The Stock
Jun 08Calculating The Fair Value Of Triumph Group, Inc. (NYSE:TGI)
May 09The Returns At Triumph Group (NYSE:TGI) Aren't Growing
Mar 13Triumph Group: Concerns On Pension And Refinancing
Feb 08Triumph Q3 2023 Earnings Preview
Jan 31Triumph secures door actuation contract from Airbus
Jan 25Estimating The Fair Value Of Triumph Group, Inc. (NYSE:TGI)
Dec 23We Don’t Think Triumph Group's (NYSE:TGI) Earnings Should Make Shareholders Too Comfortable
Nov 17Investors Met With Slowing Returns on Capital At Triumph Group (NYSE:TGI)
Nov 09Triumph Q2 2023 Earnings Preview
Nov 07Financial Position Analysis
Short Term Liabilities: TGI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TGI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TGI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TGI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: TGI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TGI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.