Tekno Indústria e Comércio Balance Sheet Health
Financial Health criteria checks 6/6
Tekno Indústria e Comércio has a total shareholder equity of R$287.4M and total debt of R$1.5M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are R$355.5M and R$68.2M respectively. Tekno Indústria e Comércio's EBIT is R$31.7M making its interest coverage ratio -6.6. It has cash and short-term investments of R$49.7M.
Key information
0.5%
Debt to equity ratio
R$1.45m
Debt
Interest coverage ratio | -6.6x |
Cash | R$49.75m |
Equity | R$287.36m |
Total liabilities | R$68.18m |
Total assets | R$355.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKNO4's short term assets (R$191.5M) exceed its short term liabilities (R$53.2M).
Long Term Liabilities: TKNO4's short term assets (R$191.5M) exceed its long term liabilities (R$15.0M).
Debt to Equity History and Analysis
Debt Level: TKNO4 has more cash than its total debt.
Reducing Debt: TKNO4's debt to equity ratio has reduced from 3.3% to 0.5% over the past 5 years.
Debt Coverage: TKNO4's debt is well covered by operating cash flow (2727.9%).
Interest Coverage: TKNO4 earns more interest than it pays, so coverage of interest payments is not a concern.