TAKKT Balance Sheet Health

Financial Health criteria checks 6/6

TAKKT has a total shareholder equity of €590.9M and total debt of €102.1M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are €1.0B and €427.3M respectively. TAKKT's EBIT is €46.2M making its interest coverage ratio 7.1. It has cash and short-term investments of €8.5M.

Key information

17.3%

Debt to equity ratio

€102.10m

Debt

Interest coverage ratio7.1x
Cash€8.50m
Equity€590.90m
Total liabilities€427.30m
Total assets€1.02b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TTK's short term assets (€278.6M) exceed its short term liabilities (€192.7M).

Long Term Liabilities: TTK's short term assets (€278.6M) exceed its long term liabilities (€234.6M).


Debt to Equity History and Analysis

Debt Level: TTK's net debt to equity ratio (15.8%) is considered satisfactory.

Reducing Debt: TTK's debt to equity ratio has reduced from 25.9% to 17.3% over the past 5 years.

Debt Coverage: TTK's debt is well covered by operating cash flow (103.8%).

Interest Coverage: TTK's interest payments on its debt are well covered by EBIT (7.1x coverage).


Balance Sheet


Discover healthy companies