TIM Balance Sheet Health
Financial Health criteria checks 3/6
TIM has a total shareholder equity of R$25.3B and total debt of R$4.8B, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are R$54.7B and R$29.4B respectively. TIM's EBIT is R$3.3B making its interest coverage ratio 1.3. It has cash and short-term investments of R$3.7B.
Key information
18.9%
Debt to equity ratio
R$4.78b
Debt
| Interest coverage ratio | 1.3x |
| Cash | R$3.70b |
| Equity | R$25.30b |
| Total liabilities | R$29.39b |
| Total assets | R$54.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIMBD's short term assets (R$9.3B) do not cover its short term liabilities (R$10.3B).
Long Term Liabilities: TIMBD's short term assets (R$9.3B) do not cover its long term liabilities (R$19.1B).
Debt to Equity History and Analysis
Debt Level: TIMBD's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: TIMBD's debt to equity ratio has reduced from 32.8% to 18.9% over the past 5 years.
Debt Coverage: TIMBD's debt is well covered by operating cash flow (189.3%).
Interest Coverage: TIMBD's interest payments on its debt are not well covered by EBIT (1.3x coverage).