Trainline Balance Sheet Health
Financial Health criteria checks 5/6
Trainline has a total shareholder equity of £297.0M and total debt of £140.8M, which brings its debt-to-equity ratio to 47.4%. Its total assets and total liabilities are £718.9M and £421.9M respectively. Trainline's EBIT is £90.9M making its interest coverage ratio 21.5. It has cash and short-term investments of £120.6M.
Key information
47.4%
Debt to equity ratio
UK£140.83m
Debt
| Interest coverage ratio | 21.5x |
| Cash | UK£120.63m |
| Equity | UK£296.99m |
| Total liabilities | UK£421.87m |
| Total assets | UK£718.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNLI.Y's short term assets (£190.1M) do not cover its short term liabilities (£275.9M).
Long Term Liabilities: TNLI.Y's short term assets (£190.1M) exceed its long term liabilities (£146.0M).
Debt to Equity History and Analysis
Debt Level: TNLI.Y's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: TNLI.Y's debt to equity ratio has reduced from 56.6% to 47.4% over the past 5 years.
Debt Coverage: TNLI.Y's debt is well covered by operating cash flow (106.3%).
Interest Coverage: TNLI.Y's interest payments on its debt are well covered by EBIT (21.5x coverage).