Financière de Tubize Balance Sheet Health
Financial Health criteria checks 3/6
Financière de Tubize has a total shareholder equity of €1.9B and total debt of €31.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are €1.9B and €31.7M respectively.
Key information
1.6%
Debt to equity ratio
€31.00m
Debt
| Interest coverage ratio | n/a |
| Cash | €502.82k |
| Equity | €1.89b |
| Total liabilities | €31.68m |
| Total assets | €1.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TUB's short term assets (€561.3K) do not cover its short term liabilities (€31.7M).
Long Term Liabilities: TUB's short term assets (€561.3K) exceed its long term liabilities (€16.4K).
Debt to Equity History and Analysis
Debt Level: TUB's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: TUB's debt to equity ratio has reduced from 3.5% to 1.6% over the past 5 years.
Debt Coverage: TUB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TUB's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 12:00 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| 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
Financière de Tubize SA is covered by 1 analysts. 0 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 |
|---|---|
| Marc Debrouwer | Degroof Petercam |