Tekno Indústria e Comércio Balance Sheet Health
Financial Health criteria checks 6/6
Tekno Indústria e Comércio has a total shareholder equity of R$302.3M and total debt of R$1.2M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are R$366.8M and R$64.6M respectively. Tekno Indústria e Comércio's EBIT is R$46.3M making its interest coverage ratio -7.8. It has cash and short-term investments of R$71.7M.
Key information
0.4%
Debt to equity ratio
R$1.22m
Debt
| Interest coverage ratio | -7.8x |
| Cash | R$71.71m |
| Equity | R$302.26m |
| Total liabilities | R$64.57m |
| Total assets | R$366.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKNO4's short term assets (R$202.3M) exceed its short term liabilities (R$50.7M).
Long Term Liabilities: TKNO4's short term assets (R$202.3M) exceed its long term liabilities (R$13.8M).
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 3.5% to 0.4% over the past 5 years.
Debt Coverage: TKNO4's debt is well covered by operating cash flow (5290.5%).
Interest Coverage: TKNO4 earns more interest than it pays, so coverage of interest payments is not a concern.