Touax Balance Sheet Health
Financial Health criteria checks 1/6
Touax has a total shareholder equity of €153.0M and total debt of €340.1M, which brings its debt-to-equity ratio to 222.3%. Its total assets and total liabilities are €573.7M and €420.8M respectively. Touax's EBIT is €25.6M making its interest coverage ratio 1.2. It has cash and short-term investments of €38.6M.
Key information
222.3%
Debt to equity ratio
€340.06m
Debt
| Interest coverage ratio | 1.2x |
| Cash | €38.64m |
| Equity | €152.98m |
| Total liabilities | €420.76m |
| Total assets | €573.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOX's short term assets (€158.6M) exceed its short term liabilities (€96.8M).
Long Term Liabilities: TOX's short term assets (€158.6M) do not cover its long term liabilities (€323.9M).
Debt to Equity History and Analysis
Debt Level: TOX's net debt to equity ratio (197%) is considered high.
Reducing Debt: TOX's debt to equity ratio has increased from 200.8% to 222.3% over the past 5 years.
Debt Coverage: TOX's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: TOX's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 08:33 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Touax SCA is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Guillaume Cuvillier | Gilbert Dupont |
| Clement Vignard | Gilbert Dupont |