Tristel Balance Sheet Health
Financial Health criteria checks 6/6
Tristel has a total shareholder equity of £31.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £40.8M and £9.7M respectively. Tristel's EBIT is £6.2M making its interest coverage ratio 416.3. It has cash and short-term investments of £10.8M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 416.3x |
| Cash | UK£10.77m |
| Equity | UK£31.13m |
| Total liabilities | UK£9.67m |
| Total assets | UK£40.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSNL.F's short term assets (£22.1M) exceed its short term liabilities (£4.5M).
Long Term Liabilities: TSNL.F's short term assets (£22.1M) exceed its long term liabilities (£5.2M).
Debt to Equity History and Analysis
Debt Level: TSNL.F is debt free.
Reducing Debt: TSNL.F had no debt 5 years ago.
Debt Coverage: TSNL.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TSNL.F has no debt, therefore coverage of interest payments is not a concern.