TC Unterhaltungselektronik Balance Sheet Health
Financial Health criteria checks 3/6
TC Unterhaltungselektronik has a total shareholder equity of €67.4K and total debt of €34.0K, which brings its debt-to-equity ratio to 50.5%. Its total assets and total liabilities are €1.8M and €1.7M respectively. TC Unterhaltungselektronik's EBIT is €23.8K making its interest coverage ratio 11. It has cash and short-term investments of €38.5K.
Key information
50.5%
Debt to equity ratio
€34.00k
Debt
Interest coverage ratio | 11x |
Cash | €38.53k |
Equity | €67.36k |
Total liabilities | €1.73m |
Total assets | €1.80m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TCU's short term assets (€385.0K) do not cover its short term liabilities (€1.6M).
Long Term Liabilities: TCU's short term assets (€385.0K) exceed its long term liabilities (€100.7K).
Debt to Equity History and Analysis
Debt Level: TCU has more cash than its total debt.
Reducing Debt: TCU's debt to equity ratio has increased from 0.01% to 50.5% over the past 5 years.
Debt Coverage: TCU's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TCU's interest payments on its debt are well covered by EBIT (11x coverage).