TI Fluid Systems Balance Sheet Health
Financial Health criteria checks 4/6
TI Fluid Systems has a total shareholder equity of €647.4M and total debt of €1.1B, which brings its debt-to-equity ratio to 171.4%. Its total assets and total liabilities are €2.8B and €2.1B respectively. TI Fluid Systems's EBIT is €150.9M making its interest coverage ratio 2.3. It has cash and short-term investments of €441.5M.
Key information
171.4%
Debt to equity ratio
€1.11b
Debt
Interest coverage ratio | 2.3x |
Cash | €441.50m |
Equity | €647.40m |
Total liabilities | €2.13b |
Total assets | €2.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TI1's short term assets (€1.5B) exceed its short term liabilities (€708.7M).
Long Term Liabilities: TI1's short term assets (€1.5B) exceed its long term liabilities (€1.4B).
Debt to Equity History and Analysis
Debt Level: TI1's net debt to equity ratio (103.2%) is considered high.
Reducing Debt: TI1's debt to equity ratio has increased from 115.9% to 171.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TI1 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TI1 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.4% per year.