Tracsis plc (TRCS.L) Debt Metrics
Market Cap: $98.03M
Avg Volume: 86.83K
Industry: Software - Application
Sector: Technology
How much debt does Tracsis plc have?
According to Tracsis plc's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Tracsis plc's total debt stands at $1.86M. This is broken down into:
- Long-term debt: $737.00K
- Short-term debt: $1.12M
The company's net debt, which accounts for cash and cash equivalents, is $-17.91M. In terms of overall financial obligations, Tracsis plc's total liabilities amount to $34.64M.
Debt Ratios and Metrics
To better understand Tracsis plc's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.03 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 1.81% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 6.72 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 0.00% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 2.66% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Tracsis plc's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$1.86M
Long-term Debt
$737.00K
Short-term Debt
$1.12M
Net Debt
$-17.91M
Total Liabilities
$34.64M
Interest Coverage
6.72
Debt to Equity Ratio
0.03
Debt Ratio
1.81%
Tracsis plc Historical Debt Metrics
Tracsis plc Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $1.86M | $737.00K | $1.12M | $-17.91M | $34.64M | 0.03 | 1.81% | 6.72 | 0.00% | 2.66% |
| 2023 | $2.09M | $953.00K | $1.14M | $-13.22M | $33.13M | 0.03 | 2.07% | 62.54 | 0.00% | 2.99% |
| 2022 | $2.77M | $1.48M | $1.29M | $-14.42M | $45.14M | 0.05 | 2.62% | 59.41 | 0.00% | 4.38% |
| 2021 | $2.06M | $1.13M | $928.00K | $-23.33M | $36.86M | 0.04 | 2.20% | 57.77 | 0.00% | 3.51% |
| 2020 | $2.11M | $986.00K | $1.13M | $-15.81M | $31.63M | 0.04 | 2.50% | 126.89 | 0.00% | 3.83% |
| 2019 | $562.00K | $285.00K | $277.00K | $-23.54M | $30.13M | 0.01 | 0.72% | 318.86 | 0.00% | 1.16% |
| 2018 | $278.00K | $121.00K | $157.00K | $-22.05M | $18.28M | 0.01 | 0.46% | 314.22 | 0.00% | 0.66% |
| 2017 | $550.00K | $230.00K | $320.00K | $-14.80M | $18.77M | 0.02 | 1.05% | 124.11 | 0.00% | 1.61% |
| 2016 | $664.00K | $296.00K | $368.00K | $-10.72M | $19.52M | 0.02 | 1.38% | 114.46 | 0.00% | 2.26% |
| 2015 | $400.00K | $229.00K | $171.00K | $-12.94M | $8.33M | 0.02 | 1.30% | 145.10 | 0.00% | 1.76% |
Related Metrics
Explore detailed financial metrics and analysis for TRCS.L.