Técnicas Reunidas Balance Sheet Health
Financial Health criteria checks 5/6
Técnicas Reunidas has a total shareholder equity of €563.6M and total debt of €651.6M, which brings its debt-to-equity ratio to 115.6%. Its total assets and total liabilities are €4.5B and €3.9B respectively. Técnicas Reunidas's EBIT is €168.2M making its interest coverage ratio 12.7. It has cash and short-term investments of €950.0M.
Key information
115.6%
Debt to equity ratio
€651.60m
Debt
| Interest coverage ratio | 12.7x |
| Cash | €950.00m |
| Equity | €563.60m |
| Total liabilities | €3.90b |
| Total assets | €4.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRE's short term assets (€3.9B) exceed its short term liabilities (€3.5B).
Long Term Liabilities: TRE's short term assets (€3.9B) exceed its long term liabilities (€443.6M).
Debt to Equity History and Analysis
Debt Level: TRE has more cash than its total debt.
Reducing Debt: TRE's debt to equity ratio has reduced from 162.1% to 115.6% over the past 5 years.
Debt Coverage: TRE's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: TRE's interest payments on its debt are well covered by EBIT (12.7x coverage).