Trinity Place Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Trinity Place Holdings has a total shareholder equity of $1.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.5M and $2.6M respectively. Trinity Place Holdings's EBIT is $6.6M making its interest coverage ratio 0.3. It has cash and short-term investments of $854.0K.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 0.3x |
| Cash | US$854.00k |
| Equity | US$1.83m |
| Total liabilities | US$2.64m |
| Total assets | US$4.47m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPHS's short term assets ($2.8M) exceed its short term liabilities ($2.5M).
Long Term Liabilities: TPHS's short term assets ($2.8M) exceed its long term liabilities ($111.0K).
Debt to Equity History and Analysis
Debt Level: TPHS is debt free.
Reducing Debt: TPHS has no debt compared to 5 years ago when its debt to equity ratio was 286.1%.
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: TPHS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TPHS has less than a year of cash runway if free cash flow continues to grow at historical rates of 3% each year.