TAKKT Balance Sheet Health

Financial Health criteria checks 6/6

TAKKT has a total shareholder equity of €651.4M and total debt of €98.2M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are €1.0B and €365.7M respectively. TAKKT's EBIT is €58.8M making its interest coverage ratio 9.2. It has cash and short-term investments of €8.4M.

Key information

15.1%

Debt to equity ratio

€98.20m

Debt

Interest coverage ratio9.2x
Cash€8.40m
Equity€651.40m
Total liabilities€365.70m
Total assets€1.02b

Recent financial health updates

Recent updates

Shareholders Will Most Likely Find TAKKT AG's (ETR:TTK) CEO Compensation Acceptable

May 10
Shareholders Will Most Likely Find TAKKT AG's (ETR:TTK) CEO Compensation Acceptable

Some Investors May Be Willing To Look Past TAKKT's (ETR:TTK) Soft Earnings

Apr 05
Some Investors May Be Willing To Look Past TAKKT's (ETR:TTK) Soft Earnings

A Look At The Intrinsic Value Of TAKKT AG (ETR:TTK)

Jan 25
A Look At The Intrinsic Value Of TAKKT AG (ETR:TTK)

Are Investors Undervaluing TAKKT AG (ETR:TTK) By 33%?

Oct 23
Are Investors Undervaluing TAKKT AG (ETR:TTK) By 33%?

These 4 Measures Indicate That TAKKT (ETR:TTK) Is Using Debt Reasonably Well

Sep 27
These 4 Measures Indicate That TAKKT (ETR:TTK) Is Using Debt Reasonably Well

Capital Allocation Trends At TAKKT (ETR:TTK) Aren't Ideal

Sep 06
Capital Allocation Trends At TAKKT (ETR:TTK) Aren't Ideal

When Should You Buy TAKKT AG (ETR:TTK)?

Jul 31
When Should You Buy TAKKT AG (ETR:TTK)?

TAKKT (ETR:TTK) Will Be Hoping To Turn Its Returns On Capital Around

Jan 04
TAKKT (ETR:TTK) Will Be Hoping To Turn Its Returns On Capital Around

Is TAKKT (ETR:TTK) Using Too Much Debt?

Oct 06
Is TAKKT (ETR:TTK) Using Too Much Debt?

TAKKT (ETR:TTK) Will Want To Turn Around Its Return Trends

Aug 26
TAKKT (ETR:TTK) Will Want To Turn Around Its Return Trends

Is Now An Opportune Moment To Examine TAKKT AG (ETR:TTK)?

May 25
Is Now An Opportune Moment To Examine TAKKT AG (ETR:TTK)?

Is TAKKT (ETR:TTK) Using Too Much Debt?

May 26
Is TAKKT (ETR:TTK) Using Too Much Debt?

Zooming in on ETR:TTK's 3.9% Dividend Yield

Apr 20
Zooming in on ETR:TTK's 3.9% Dividend Yield

Weak Statutory Earnings May Not Tell The Whole Story For TAKKT (ETR:TTK)

Apr 04
Weak Statutory Earnings May Not Tell The Whole Story For TAKKT (ETR:TTK)

Capital Allocation Trends At TAKKT (ETR:TTK) Aren't Ideal

Mar 24
Capital Allocation Trends At TAKKT (ETR:TTK) Aren't Ideal

Can Mixed Fundamentals Have A Negative Impact on TAKKT AG (ETR:TTK) Current Share Price Momentum?

Mar 09
Can Mixed Fundamentals Have A Negative Impact on TAKKT AG (ETR:TTK) Current Share Price Momentum?

Does TAKKT (ETR:TTK) Have A Healthy Balance Sheet?

Feb 22
Does TAKKT (ETR:TTK) Have A Healthy Balance Sheet?

TAKKT AG (ETR:TTK) Shares Could Be 42% Below Their Intrinsic Value Estimate

Feb 05
TAKKT AG (ETR:TTK) Shares Could Be 42% Below Their Intrinsic Value Estimate

Do Institutions Own TAKKT AG (ETR:TTK) Shares?

Jan 14
Do Institutions Own TAKKT AG (ETR:TTK) Shares?

A Look At TAKKT's (ETR:TTK) Share Price Returns

Jan 01
A Look At TAKKT's (ETR:TTK) Share Price Returns

Is It Too Late To Consider Buying TAKKT AG (ETR:TTK)?

Dec 01
Is It Too Late To Consider Buying TAKKT AG (ETR:TTK)?

Financial Position Analysis

Short Term Liabilities: TTK's short term assets (€278.3M) exceed its short term liabilities (€161.6M).

Long Term Liabilities: TTK's short term assets (€278.3M) exceed its long term liabilities (€204.1M).


Debt to Equity History and Analysis

Debt Level: TTK's net debt to equity ratio (13.8%) is considered satisfactory.

Reducing Debt: TTK's debt to equity ratio has reduced from 29.2% to 15.1% over the past 5 years.

Debt Coverage: TTK's debt is well covered by operating cash flow (115.7%).

Interest Coverage: TTK's interest payments on its debt are well covered by EBIT (9.2x coverage).


Balance Sheet


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