Technip Energies Balance Sheet Health
Financial Health criteria checks 6/6
Technip Energies has a total shareholder equity of €2.0B and total debt of €772.5M, which brings its debt-to-equity ratio to 38.3%. Its total assets and total liabilities are €8.7B and €6.7B respectively. Technip Energies's EBIT is €482.1M making its interest coverage ratio -5. It has cash and short-term investments of €3.3B.
Key information
38.3%
Debt to equity ratio
€772.50m
Debt
| Interest coverage ratio | -5x |
| Cash | €3.29b |
| Equity | €2.02b |
| Total liabilities | €6.68b |
| Total assets | €8.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 68F's short term assets (€5.7B) exceed its short term liabilities (€5.5B).
Long Term Liabilities: 68F's short term assets (€5.7B) exceed its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: 68F has more cash than its total debt.
Reducing Debt: 68F's debt to equity ratio has reduced from 59.7% to 38.3% over the past 5 years.
Debt Coverage: 68F's debt is well covered by operating cash flow (58.7%).
Interest Coverage: 68F earns more interest than it pays, so coverage of interest payments is not a concern.