TAKKT Balance Sheet Health
Financial Health criteria checks 6/6
TAKKT has a total shareholder equity of €585.3M and total debt of €144.2M, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are €990.4M and €405.1M respectively. TAKKT's EBIT is €36.2M making its interest coverage ratio 5.7. It has cash and short-term investments of €5.5M.
Key information
24.6%
Debt to equity ratio
€144.20m
Debt
| Interest coverage ratio | 5.7x |
| Cash | €5.50m |
| Equity | €585.30m |
| Total liabilities | €405.10m |
| Total assets | €990.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTK's short term assets (€267.0M) exceed its short term liabilities (€188.7M).
Long Term Liabilities: TTK's short term assets (€267.0M) exceed its long term liabilities (€216.4M).
Debt to Equity History and Analysis
Debt Level: TTK's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: TTK's debt to equity ratio has reduced from 33.3% to 24.6% over the past 5 years.
Debt Coverage: TTK's debt is well covered by operating cash flow (62.2%).
Interest Coverage: TTK's interest payments on its debt are well covered by EBIT (5.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 16:35 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TAKKT AG is covered by 15 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christoph Schlienkamp | Bankhaus Lampe KG |
| Anna Patrice | Berenberg |
| Maxim Tilev | BHF-Bank Aktiengesellschaft |