AS Tallinna Vesi Balance Sheet Health
Financial Health criteria checks 4/6
AS Tallinna Vesi has a total shareholder equity of €117.1M and total debt of €96.4M, which brings its debt-to-equity ratio to 82.4%. Its total assets and total liabilities are €281.9M and €164.8M respectively. AS Tallinna Vesi's EBIT is €17.3M making its interest coverage ratio 5.6. It has cash and short-term investments of €14.7M.
Key information
82.4%
Debt to equity ratio
€96.43m
Debt
Interest coverage ratio | 5.6x |
Cash | €14.74m |
Equity | €117.07m |
Total liabilities | €164.81m |
Total assets | €281.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A1T's short term assets (€24.5M) exceed its short term liabilities (€18.8M).
Long Term Liabilities: A1T's short term assets (€24.5M) do not cover its long term liabilities (€146.0M).
Debt to Equity History and Analysis
Debt Level: A1T's net debt to equity ratio (69.8%) is considered high.
Reducing Debt: A1T's debt to equity ratio has reduced from 92.7% to 82.4% over the past 5 years.
Debt Coverage: A1T's debt is well covered by operating cash flow (25.4%).
Interest Coverage: A1T's interest payments on its debt are well covered by EBIT (5.6x coverage).