Technical Olympic Balance Sheet Health
Financial Health criteria checks 6/6
Technical Olympic has a total shareholder equity of €186.1M and total debt of €12.4M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are €225.9M and €39.8M respectively. Technical Olympic's EBIT is €429.5K making its interest coverage ratio -1. It has cash and short-term investments of €38.5M.
Key information
6.7%
Debt to equity ratio
€12.39m
Debt
| Interest coverage ratio | -1x |
| Cash | €38.46m |
| Equity | €186.07m |
| Total liabilities | €39.83m |
| Total assets | €225.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TQZA's short term assets (€68.1M) exceed its short term liabilities (€18.2M).
Long Term Liabilities: TQZA's short term assets (€68.1M) exceed its long term liabilities (€21.6M).
Debt to Equity History and Analysis
Debt Level: TQZA has more cash than its total debt.
Reducing Debt: TQZA's debt to equity ratio has reduced from 8.9% to 6.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TQZA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: TQZA has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 30.5% each year.