Tessenderlo Group Balance Sheet Health
Financial Health criteria checks 6/6
Tessenderlo Group has a total shareholder equity of €1.9B and total debt of €179.6M, which brings its debt-to-equity ratio to 9.2%. Its total assets and total liabilities are €2.9B and €965.9M respectively. Tessenderlo Group's EBIT is €118.6M making its interest coverage ratio -29.7. It has cash and short-term investments of €177.0M.
Key information
9.2%
Debt to equity ratio
€179.60m
Debt
| Interest coverage ratio | -29.7x |
| Cash | €177.00m |
| Equity | €1.95b |
| Total liabilities | €965.90m |
| Total assets | €2.91b |
Recent financial health updates
These 4 Measures Indicate That Tessenderlo Group (EBR:TESB) Is Using Debt Reasonably Well
Nov 01
Tessenderlo Group (EBR:TESB) Has A Rock Solid Balance Sheet
Mar 25These 4 Measures Indicate That Tessenderlo Group (EBR:TESB) Is Using Debt Safely
Nov 24These 4 Measures Indicate That Tessenderlo Group (EBR:TESB) Is Using Debt Safely
Mar 28Tessenderlo Group (EBR:TESB) Has A Pretty Healthy Balance Sheet
Dec 15Here's Why Tessenderlo Group (EBR:TESB) Can Manage Its Debt Responsibly
Sep 02Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Tessenderlo Group (EBR:TESB)
Apr 13Tessenderlo Group NV (EBR:TESB) Just Reported And Analysts Have Been Cutting Their Estimates
Mar 30Returns Are Gaining Momentum At Tessenderlo Group (EBR:TESB)
Mar 22Returns On Capital Are Showing Encouraging Signs At Tessenderlo Group (EBR:TESB)
Dec 11These 4 Measures Indicate That Tessenderlo Group (EBR:TESB) Is Using Debt Reasonably Well
Nov 01Tessenderlo Group's (EBR:TESB) Profits Appear To Have Quality Issues
Mar 31Tessenderlo Group (EBR:TESB) Has A Rock Solid Balance Sheet
Mar 25Here's Why We Think Tessenderlo Group (EBR:TESB) Might Deserve Your Attention Today
Jan 03These 4 Measures Indicate That Tessenderlo Group (EBR:TESB) Is Using Debt Safely
Nov 24Here's Why We Think Tessenderlo Group (EBR:TESB) Might Deserve Your Attention Today
Sep 27These 4 Measures Indicate That Tessenderlo Group (EBR:TESB) Is Using Debt Safely
Mar 28Tessenderlo Group (EBR:TESB) Has A Pretty Healthy Balance Sheet
Dec 15Here's Why Tessenderlo Group (EBR:TESB) Can Manage Its Debt Responsibly
Sep 02Are Investors Undervaluing Tessenderlo Group NV (EBR:TESB) By 37%?
Aug 12Does Tessenderlo Group (EBR:TESB) Have A Healthy Balance Sheet?
May 24Shareholders May Be A Little Conservative With Tessenderlo Group NV's (EBR:TESB) CEO Compensation For Now
May 03Tessenderlo Group NV (EBR:TESB) Shares Could Be 27% Below Their Intrinsic Value Estimate
Apr 15Tessenderlo Group NV Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 28Are Robust Financials Driving The Recent Rally In Tessenderlo Group NV's (EBR:TESB) Stock?
Feb 11What Type Of Shareholders Make Up Tessenderlo Group NV's (EBR:TESB) Share Registry?
Dec 22The Tessenderlo Group (EBR:TESB) Share Price Has Gained 24% And Shareholders Are Hoping For More
Dec 04Declining Stock and Decent Financials: Is The Market Wrong About Tessenderlo Group NV (EBR:TESB)?
Aug 05
Financial Position Analysis
Short Term Liabilities: TESB's short term assets (€1.3B) exceed its short term liabilities (€490.0M).
Long Term Liabilities: TESB's short term assets (€1.3B) exceed its long term liabilities (€475.9M).
Debt to Equity History and Analysis
Debt Level: TESB's net debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: TESB's debt to equity ratio has reduced from 73.6% to 9.2% over the past 5 years.
Debt Coverage: TESB's debt is well covered by operating cash flow (122%).
Interest Coverage: TESB earns more interest than it pays, so coverage of interest payments is not a concern.