Financière de Tubize Balance Sheet Health
Financial Health criteria checks 2/6
Financière de Tubize has a total shareholder equity of €1.8B and total debt of €79.2M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are €1.9B and €123.7M respectively.
Key information
4.4%
Debt to equity ratio
€79.20m
Debt
Interest coverage ratio | n/a |
Cash | €574.84k |
Equity | €1.80b |
Total liabilities | €123.65m |
Total assets | €1.92b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TUB's short term assets (€635.3K) do not cover its short term liabilities (€80.5M).
Long Term Liabilities: TUB's short term assets (€635.3K) do not cover its long term liabilities (€43.2M).
Debt to Equity History and Analysis
Debt Level: TUB's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: TUB's debt to equity ratio has reduced from 6.1% to 4.4% 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.