TI Fluid Systems Balance Sheet Health
Financial Health criteria checks 3/6
TI Fluid Systems has a total shareholder equity of €665.8M and total debt of €1.0B, which brings its debt-to-equity ratio to 152%. Its total assets and total liabilities are €2.7B and €2.0B respectively. TI Fluid Systems's EBIT is €193.4M making its interest coverage ratio 2.8. It has cash and short-term investments of €416.7M.
Key information
152.0%
Debt to equity ratio
€1.01b
Debt
Interest coverage ratio | 2.8x |
Cash | €416.70m |
Equity | €665.80m |
Total liabilities | €2.03b |
Total assets | €2.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TI1's short term assets (€1.4B) exceed its short term liabilities (€729.9M).
Long Term Liabilities: TI1's short term assets (€1.4B) exceed its long term liabilities (€1.3B).
Debt to Equity History and Analysis
Debt Level: TI1's net debt to equity ratio (89.4%) is considered high.
Reducing Debt: TI1's debt to equity ratio has increased from 109.4% to 152% over the past 5 years.
Debt Coverage: TI1's debt is well covered by operating cash flow (23.3%).
Interest Coverage: TI1's interest payments on its debt are not well covered by EBIT (2.8x coverage).