TIM Balance Sheet Health
Financial Health criteria checks 4/6
TIM has a total shareholder equity of PLN301.5M and total debt of PLN27.1M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are PLN752.3M and PLN450.8M respectively. TIM's EBIT is PLN21.0M making its interest coverage ratio 2.6. It has cash and short-term investments of PLN27.6M.
Key information
9.0%
Debt to equity ratio
zł27.10m
Debt
| Interest coverage ratio | 2.6x |
| Cash | zł27.63m |
| Equity | zł301.48m |
| Total liabilities | zł450.79m |
| Total assets | zł752.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7G2's short term assets (PLN432.0M) exceed its short term liabilities (PLN281.3M).
Long Term Liabilities: 7G2's short term assets (PLN432.0M) exceed its long term liabilities (PLN169.5M).
Debt to Equity History and Analysis
Debt Level: 7G2 has more cash than its total debt.
Reducing Debt: 7G2's debt to equity ratio has increased from 1.5% to 9% over the past 5 years.
Debt Coverage: 7G2's debt is well covered by operating cash flow (333.5%).
Interest Coverage: 7G2's interest payments on its debt are not well covered by EBIT (2.6x coverage).