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Fastighets AB Trianon (publ) stock: balance sheet and debt

TRIAN-B.ST
$1.75Closing price of 12 Nov 2026MEQIRI Score 50 out of 100

Fastighets AB Trianon (publ) has a debt to equity ratio of 1.37 and an interest coverage of 2.4x.

Daily figure as of 13 Nov 2026

Debt / Equity
1.37
Interest coverage
2.4x
Current ratio
0.11
Cash & equivalents
$13.88M
Total assets
$1.37B
Equity ratio
38.8%
Goodwill
not reported separately
Net debt
$715.04M

Total assets and equity ratio

How large the balance sheet of Fastighets AB Trianon (publ) is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2013$143.06Mnot reported separatelynot reported separately37.7%$71.81M
2014$167.37Mnot reported separatelynot reported separately34.7%$79.62M
2015$230.63Mnot reported separatelynot reported separately34.7%$124.54M
2016$348.84Mnot reported separatelynot reported separately86.4%$181.73M
2017$487.42M$5.62Mnot split out37.2%$247.86M
2018$605.69M$4.14Mnot split out34.2%$333.07M
2019$844.29M$4.78M$4.78M34.6%$455.2M
2020$1.03B$5.76M$5.76M35.3%$547.51M
2021$1.36B$5.57M$5.57M38.6%$696.16M
2022$1.38B$3.56M$3.56M94.5%$721.83M
2023$1.37B$1.24B$11.1M36.8%$734.06M
2024$1.44Bnot reported separatelynot reported separately37.8%$742.12M
2025$1.37Bnot reported separatelynot reported separately38.8%$715.04M

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2013$1.96M$53.93M$73.77M1.37
2014$2.78M$58.14M$82.39M1.42
2015$130.35K$80.11M$124.67M1.56
2016$2.33M$118.47M$184.06M0.61
2017$4.42M$176.2M$252.28M1.39
2018$3.01M$198.38M$336.08M1.62
2019$17.82M$283.86M$473.02M1.62
2020$28.09M$354.19M$575.6M1.58
2021$8.76M$523.15M$704.93M1.34
2022$9.02M$538.75M$730.86M0.56
2023$11.01M$503.38M$745.07M1.48
2024$12.48M$542.97M$754.6M1.39
2025$13.88M$532.68M$728.91M1.37

Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = SEK 9.9729)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral since 13 Nov 2026, previously Weak
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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