TPF Contracting Balance Sheet Health
Financial Health criteria checks 2/6
TPF Contracting has a total shareholder equity of €64.6M and total debt of €96.7M, which brings its debt-to-equity ratio to 149.6%. Its total assets and total liabilities are €280.1M and €215.5M respectively. TPF Contracting's EBIT is €23.8M making its interest coverage ratio 2.9. It has cash and short-term investments of €34.0M.
Key information
149.6%
Debt to equity ratio
€96.65m
Debt
| Interest coverage ratio | 2.9x |
| Cash | €34.03m |
| Equity | €64.59m |
| Total liabilities | €215.49m |
| Total assets | €280.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002498152's short term assets (€171.8M) exceed its short term liabilities (€113.4M).
Long Term Liabilities: 002498152's short term assets (€171.8M) exceed its long term liabilities (€102.1M).
Debt to Equity History and Analysis
Debt Level: 002498152's net debt to equity ratio (96.9%) is considered high.
Reducing Debt: Insufficient data to determine if 002498152's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if 002498152's debt is well covered by operating cash flow.
Interest Coverage: 002498152's interest payments on its debt are not well covered by EBIT (2.9x coverage).