Tubos Reunidos Balance Sheet Health
Financial Health criteria checks 2/6
Tubos Reunidos has a total shareholder equity of €44.0M and total debt of €290.2M, which brings its debt-to-equity ratio to 659.7%. Its total assets and total liabilities are €474.5M and €430.5M respectively. Tubos Reunidos's EBIT is €7.1M making its interest coverage ratio -0.2. It has cash and short-term investments of €62.0M.
Key information
659.7%
Debt to equity ratio
€290.22m
Debt
| Interest coverage ratio | -0.2x |
| Cash | €62.03m |
| Equity | €43.99m |
| Total liabilities | €430.52m |
| Total assets | €474.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TU1's short term assets (€199.6M) exceed its short term liabilities (€135.6M).
Long Term Liabilities: TU1's short term assets (€199.6M) do not cover its long term liabilities (€294.9M).
Debt to Equity History and Analysis
Debt Level: TU1's net debt to equity ratio (518.7%) is considered high.
Reducing Debt: TU1's debt to equity ratio has increased from 294.9% to 659.7% over the past 5 years.
Debt Coverage: TU1's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: TU1 earns more interest than it pays, so coverage of interest payments is not a concern.