TAKKT Balance Sheet Health
Financial Health criteria checks 6/6
TAKKT has a total shareholder equity of €585.3M and total debt of €144.2M, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are €990.4M and €405.1M respectively. TAKKT's EBIT is €36.2M making its interest coverage ratio 5.7. It has cash and short-term investments of €5.5M.
Key information
24.6%
Debt to equity ratio
€144.20m
Debt
| Interest coverage ratio | 5.7x |
| Cash | €5.50m |
| Equity | €585.30m |
| Total liabilities | €405.10m |
| Total assets | €990.40m |
Recent financial health updates
These 4 Measures Indicate That TAKKT (ETR:TTK) Is Using Debt Reasonably Well
Sep 27
Is TAKKT (ETR:TTK) Using Too Much Debt?
Oct 06Is TAKKT (ETR:TTK) Using Too Much Debt?
May 26Does TAKKT (ETR:TTK) Have A Healthy Balance Sheet?
Feb 22Recent updates
Capital Allocation Trends At TAKKT (ETR:TTK) Aren't Ideal
Nov 02TAKKT's (ETR:TTK) Returns On Capital Tell Us There Is Reason To Feel Uneasy
May 23Shareholders Will Most Likely Find TAKKT AG's (ETR:TTK) CEO Compensation Acceptable
May 10Some Investors May Be Willing To Look Past TAKKT's (ETR:TTK) Soft Earnings
Apr 05A Look At The Intrinsic Value Of TAKKT AG (ETR:TTK)
Jan 25Are Investors Undervaluing TAKKT AG (ETR:TTK) By 33%?
Oct 23These 4 Measures Indicate That TAKKT (ETR:TTK) Is Using Debt Reasonably Well
Sep 27Capital Allocation Trends At TAKKT (ETR:TTK) Aren't Ideal
Sep 06When Should You Buy TAKKT AG (ETR:TTK)?
Jul 31TAKKT (ETR:TTK) Will Be Hoping To Turn Its Returns On Capital Around
Jan 04Is TAKKT (ETR:TTK) Using Too Much Debt?
Oct 06TAKKT (ETR:TTK) Will Want To Turn Around Its Return Trends
Aug 26Is Now An Opportune Moment To Examine TAKKT AG (ETR:TTK)?
May 25Is TAKKT (ETR:TTK) Using Too Much Debt?
May 26Zooming in on ETR:TTK's 3.9% Dividend Yield
Apr 20Weak Statutory Earnings May Not Tell The Whole Story For TAKKT (ETR:TTK)
Apr 04Capital Allocation Trends At TAKKT (ETR:TTK) Aren't Ideal
Mar 24Can Mixed Fundamentals Have A Negative Impact on TAKKT AG (ETR:TTK) Current Share Price Momentum?
Mar 09Does TAKKT (ETR:TTK) Have A Healthy Balance Sheet?
Feb 22TAKKT AG (ETR:TTK) Shares Could Be 42% Below Their Intrinsic Value Estimate
Feb 05
Do Institutions Own TAKKT AG (ETR:TTK) Shares?
Jan 14A Look At TAKKT's (ETR:TTK) Share Price Returns
Jan 01Is It Too Late To Consider Buying TAKKT AG (ETR:TTK)?
Dec 01Financial Position Analysis
Short Term Liabilities: TTK's short term assets (€267.0M) exceed its short term liabilities (€188.7M).
Long Term Liabilities: TTK's short term assets (€267.0M) exceed its long term liabilities (€216.4M).
Debt to Equity History and Analysis
Debt Level: TTK's net debt to equity ratio (23.7%) is considered satisfactory.
Reducing Debt: TTK's debt to equity ratio has reduced from 33.3% to 24.6% over the past 5 years.
Debt Coverage: TTK's debt is well covered by operating cash flow (62.2%).
Interest Coverage: TTK's interest payments on its debt are well covered by EBIT (5.7x coverage).