Tinexta Balance Sheet Health
Financial Health criteria checks 2/6
Tinexta has a total shareholder equity of €441.8M and total debt of €406.7M, which brings its debt-to-equity ratio to 92.1%. Its total assets and total liabilities are €1.1B and €672.7M respectively. Tinexta's EBIT is €45.8M making its interest coverage ratio 5.5. It has cash and short-term investments of €98.7M.
Key information
92.1%
Debt to equity ratio
€406.74m
Debt
| Interest coverage ratio | 5.5x |
| Cash | €98.68m |
| Equity | €441.83m |
| Total liabilities | €672.73m |
| Total assets | €1.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7T4's short term assets (€288.5M) do not cover its short term liabilities (€339.5M).
Long Term Liabilities: 7T4's short term assets (€288.5M) do not cover its long term liabilities (€333.2M).
Debt to Equity History and Analysis
Debt Level: 7T4's net debt to equity ratio (69.7%) is considered high.
Reducing Debt: 7T4's debt to equity ratio has reduced from 120.3% to 92.1% over the past 5 years.
Debt Coverage: 7T4's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: 7T4's interest payments on its debt are well covered by EBIT (5.5x coverage).