TINC Balance Sheet Health
Financial Health criteria checks 3/6
TINC has a total shareholder equity of €482.0M and total debt of €8.0M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are €491.1M and €9.1M respectively. TINC's EBIT is €58.2M making its interest coverage ratio -313.3. It has cash and short-term investments of €429.0K.
Key information
1.7%
Debt to equity ratio
€8.00m
Debt
| Interest coverage ratio | -313.3x |
| Cash | €428.97k |
| Equity | €482.03m |
| Total liabilities | €9.07m |
| Total assets | €491.10m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TINC's short term assets (€2.0M) do not cover its short term liabilities (€9.1M).
Long Term Liabilities: TINC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TINC's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: TINC's debt to equity ratio has increased from 0% to 1.7% over the past 5 years.
Debt Coverage: TINC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TINC earns more interest than it pays, so coverage of interest payments is not a concern.