Tivoli Balance Sheet Health
Financial Health criteria checks 4/6
Tivoli has a total shareholder equity of DKK983.7M and total debt of DKK307.9M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are DKK1.7B and DKK727.3M respectively. Tivoli's EBIT is DKK125.4M making its interest coverage ratio 17.4. It has cash and short-term investments of DKK16.8M.
Key information
31.3%
Debt to equity ratio
DKK 307.90m
Debt
| Interest coverage ratio | 17.4x |
| Cash | DKK 16.80m |
| Equity | DKK 983.70m |
| Total liabilities | DKK 727.30m |
| Total assets | DKK 1.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6YE's short term assets (DKK161.9M) do not cover its short term liabilities (DKK370.7M).
Long Term Liabilities: 6YE's short term assets (DKK161.9M) do not cover its long term liabilities (DKK356.6M).
Debt to Equity History and Analysis
Debt Level: 6YE's net debt to equity ratio (29.6%) is considered satisfactory.
Reducing Debt: 6YE's debt to equity ratio has reduced from 53.6% to 31.3% over the past 5 years.
Debt Coverage: 6YE's debt is well covered by operating cash flow (64.9%).
Interest Coverage: 6YE's interest payments on its debt are well covered by EBIT (17.4x coverage).