Tokmanni Group Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Tokmanni Group Oyj has a total shareholder equity of €265.4M and total debt of €299.0M, which brings its debt-to-equity ratio to 112.7%. Its total assets and total liabilities are €1.4B and €1.1B respectively. Tokmanni Group Oyj's EBIT is €95.9M making its interest coverage ratio 3.8. It has cash and short-term investments of €133.7M.
Key information
112.7%
Debt to equity ratio
€299.00m
Debt
Interest coverage ratio | 3.8x |
Cash | €133.69m |
Equity | €265.40m |
Total liabilities | €1.14b |
Total assets | €1.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TK9's short term assets (€510.2M) exceed its short term liabilities (€401.6M).
Long Term Liabilities: TK9's short term assets (€510.2M) do not cover its long term liabilities (€743.3M).
Debt to Equity History and Analysis
Debt Level: TK9's net debt to equity ratio (62.3%) is considered high.
Reducing Debt: TK9's debt to equity ratio has increased from 56.9% to 112.7% over the past 5 years.
Debt Coverage: TK9's debt is well covered by operating cash flow (73.6%).
Interest Coverage: TK9's interest payments on its debt are well covered by EBIT (3.8x coverage).