Technogym Balance Sheet Health
Financial Health criteria checks 6/6
Technogym has a total shareholder equity of €363.7M and total debt of €58.4M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are €818.3M and €454.6M respectively. Technogym's EBIT is €99.1M making its interest coverage ratio -23.9. It has cash and short-term investments of €224.7M.
Key information
16.1%
Debt to equity ratio
€58.41m
Debt
Interest coverage ratio | -23.9x |
Cash | €224.73m |
Equity | €363.71m |
Total liabilities | €454.60m |
Total assets | €818.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TN2's short term assets (€480.7M) exceed its short term liabilities (€322.5M).
Long Term Liabilities: TN2's short term assets (€480.7M) exceed its long term liabilities (€132.1M).
Debt to Equity History and Analysis
Debt Level: TN2 has more cash than its total debt.
Reducing Debt: TN2's debt to equity ratio has reduced from 54.3% to 16.1% over the past 5 years.
Debt Coverage: TN2's debt is well covered by operating cash flow (182.9%).
Interest Coverage: TN2 earns more interest than it pays, so coverage of interest payments is not a concern.