TCM Group Balance Sheet Health
Financial Health criteria checks 1/6
TCM Group has a total shareholder equity of DKK566.2M and total debt of DKK256.3M, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are DKK1.2B and DKK645.1M respectively. TCM Group's EBIT is DKK77.3M making its interest coverage ratio 2.6. It has cash and short-term investments of DKK26.3M.
Key information
45.3%
Debt to equity ratio
DKK 256.30m
Debt
| Interest coverage ratio | 2.6x |
| Cash | DKK 26.30m |
| Equity | DKK 566.20m |
| Total liabilities | DKK 645.10m |
| Total assets | DKK 1.21b |
Recent financial health updates
TCM Group (CPH:TCM) Has A Somewhat Strained Balance Sheet
Sep 28
Here's Why TCM Group (CPH:TCM) Has A Meaningful Debt Burden
Jun 21TCM Group (CPH:TCM) Seems To Use Debt Quite Sensibly
Feb 22Recent updates
Some Investors May Be Willing To Look Past TCM Group's (CPH:TCM) Soft Earnings
Nov 23TCM Group (CPH:TCM) Has A Somewhat Strained Balance Sheet
Sep 28Should You Think About Buying TCM Group A/S (CPH:TCM) Now?
Jul 21Here's Why TCM Group (CPH:TCM) Has A Meaningful Debt Burden
Jun 21What Does TCM Group A/S's (CPH:TCM) Share Price Indicate?
Mar 03Returns On Capital Are A Standout For TCM Group (CPH:TCM)
Jan 20Capital Investment Trends At TCM Group (CPH:TCM) Look Strong
May 25Is Now An Opportune Moment To Examine TCM Group A/S (CPH:TCM)?
May 12Did You Miss TCM Group's (CPH:TCM) 41% Share Price Gain?
Mar 08TCM Group (CPH:TCM) Seems To Use Debt Quite Sensibly
Feb 22Financial Position Analysis
Short Term Liabilities: TCM's short term assets (DKK230.7M) do not cover its short term liabilities (DKK269.3M).
Long Term Liabilities: TCM's short term assets (DKK230.7M) do not cover its long term liabilities (DKK375.8M).
Debt to Equity History and Analysis
Debt Level: TCM's net debt to equity ratio (40.6%) is considered high.
Reducing Debt: TCM's debt to equity ratio has increased from 39.8% to 45.3% over the past 5 years.
Debt Coverage: TCM's debt is well covered by operating cash flow (54.1%).
Interest Coverage: TCM's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 11:59 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| 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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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
TCM Group A/S is covered by 2 analysts. 2 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 |
|---|---|
| Lars Topholm | Carnegie Investment Bank AB |
| Poul Jessen | Danske Bank |