Technoprobe Balance Sheet Health
Financial Health criteria checks 6/6
Technoprobe has a total shareholder equity of €817.3M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €928.4M and €111.1M respectively. Technoprobe's EBIT is €81.9M making its interest coverage ratio -10. It has cash and short-term investments of €361.8M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | -10x |
Cash | €361.80m |
Equity | €817.30m |
Total liabilities | €111.10m |
Total assets | €928.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: K8B's short term assets (€608.7M) exceed its short term liabilities (€76.8M).
Long Term Liabilities: K8B's short term assets (€608.7M) exceed its long term liabilities (€34.3M).
Debt to Equity History and Analysis
Debt Level: K8B is debt free.
Reducing Debt: K8B had no debt 5 years ago.
Debt Coverage: K8B has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: K8B has no debt, therefore coverage of interest payments is not a concern.