Trendlines Group Balance Sheet Health
Financial Health criteria checks 5/6
Trendlines Group has a total shareholder equity of $69.1M and total debt of $2.6M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are $78.1M and $9.0M respectively.
Key information
3.8%
Debt to equity ratio
US$2.60m
Debt
Interest coverage ratio | n/a |
Cash | US$6.11m |
Equity | US$69.08m |
Total liabilities | US$9.00m |
Total assets | US$78.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRNL.Y's short term assets ($8.7M) exceed its short term liabilities ($4.9M).
Long Term Liabilities: TRNL.Y's short term assets ($8.7M) exceed its long term liabilities ($4.1M).
Debt to Equity History and Analysis
Debt Level: TRNL.Y has more cash than its total debt.
Reducing Debt: TRNL.Y's debt to equity ratio has increased from 3.4% to 3.8% 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: TRNL.Y has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TRNL.Y is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.