TKM Grupp Balance Sheet Health
Financial Health criteria checks 3/6
TKM Grupp has a total shareholder equity of €242.4M and total debt of €152.8M, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are €674.4M and €432.0M respectively. TKM Grupp's EBIT is €47.6M making its interest coverage ratio 4.5. It has cash and short-term investments of €24.8M.
Key information
63.0%
Debt to equity ratio
€152.81m
Debt
| Interest coverage ratio | 4.5x |
| Cash | €24.77m |
| Equity | €242.41m |
| Total liabilities | €432.00m |
| Total assets | €674.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UE8's short term assets (€144.8M) exceed its short term liabilities (€131.5M).
Long Term Liabilities: UE8's short term assets (€144.8M) do not cover its long term liabilities (€300.5M).
Debt to Equity History and Analysis
Debt Level: UE8's net debt to equity ratio (52.8%) is considered high.
Reducing Debt: UE8's debt to equity ratio has increased from 51.4% to 63% over the past 5 years.
Debt Coverage: UE8's debt is well covered by operating cash flow (54.7%).
Interest Coverage: UE8's interest payments on its debt are well covered by EBIT (4.5x coverage).