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
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.