Titan Cement International Balance Sheet Health
Financial Health criteria checks 6/6
Titan Cement International has a total shareholder equity of €1.7B and total debt of €869.6M, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are €3.2B and €1.5B respectively. Titan Cement International's EBIT is €424.5M making its interest coverage ratio 11.4. It has cash and short-term investments of €200.1M.
Key information
51.0%
Debt to equity ratio
€869.65m
Debt
| Interest coverage ratio | 11.4x |
| Cash | €200.15m |
| Equity | €1.70b |
| Total liabilities | €1.51b |
| Total assets | €3.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TITC's short term assets (€992.4M) exceed its short term liabilities (€814.4M).
Long Term Liabilities: TITC's short term assets (€992.4M) exceed its long term liabilities (€699.8M).
Debt to Equity History and Analysis
Debt Level: TITC's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: TITC's debt to equity ratio has reduced from 68% to 51% over the past 5 years.
Debt Coverage: TITC's debt is well covered by operating cash flow (52.9%).
Interest Coverage: TITC's interest payments on its debt are well covered by EBIT (11.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 23:23 |
| End of Day Share Price | 2024/12/24 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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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
Titan Cement International S.A. is covered by 33 analysts. 4 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 |
|---|---|
| Angelos Chorafas | Alpha Finance Investment Services S.A. |
| Constantinos Zouzoulas | Axia Ventures Group Ltd |
| Harry Goad | Berenberg |