Tulikivi Balance Sheet Health
Financial Health criteria checks 4/6
Tulikivi has a total shareholder equity of €18.1M and total debt of €12.5M, which brings its debt-to-equity ratio to 69.1%. Its total assets and total liabilities are €37.7M and €19.6M respectively. Tulikivi's EBIT is €2.2M making its interest coverage ratio 2.8. It has cash and short-term investments of €2.1M.
Key information
69.1%
Debt to equity ratio
€12.50m
Debt
| Interest coverage ratio | 2.8x |
| Cash | €2.10m |
| Equity | €18.10m |
| Total liabilities | €19.60m |
| Total assets | €37.70m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TUZA's short term assets (€15.0M) exceed its short term liabilities (€9.2M).
Long Term Liabilities: TUZA's short term assets (€15.0M) exceed its long term liabilities (€10.4M).
Debt to Equity History and Analysis
Debt Level: TUZA's net debt to equity ratio (57.5%) is considered high.
Reducing Debt: TUZA's debt to equity ratio has reduced from 200.4% to 69.1% over the past 5 years.
Debt Coverage: TUZA's debt is well covered by operating cash flow (31%).
Interest Coverage: TUZA's interest payments on its debt are not well covered by EBIT (2.8x coverage).