Tekno Indústria e Comércio Balance Sheet Health
Financial Health criteria checks 6/6
Tekno Indústria e Comércio has a total shareholder equity of R$310.8M and total debt of R$1.1M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are R$399.7M and R$88.9M respectively. Tekno Indústria e Comércio's EBIT is R$49.4M making its interest coverage ratio -7.3. It has cash and short-term investments of R$93.2M.
Key information
0.4%
Debt to equity ratio
R$1.10m
Debt
| Interest coverage ratio | -7.3x |
| Cash | R$93.21m |
| Equity | R$310.83m |
| Total liabilities | R$88.87m |
| Total assets | R$399.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKNO4's short term assets (R$235.0M) exceed its short term liabilities (R$75.4M).
Long Term Liabilities: TKNO4's short term assets (R$235.0M) exceed its long term liabilities (R$13.4M).
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 1.7% to 0.4% over the past 5 years.
Debt Coverage: TKNO4's debt is well covered by operating cash flow (6067.6%).
Interest Coverage: TKNO4 earns more interest than it pays, so coverage of interest payments is not a concern.