Tivoli Balance Sheet Health
Financial Health criteria checks 4/6
Tivoli has a total shareholder equity of DKK1.1B and total debt of DKK267.4M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are DKK1.7B and DKK604.6M respectively. Tivoli's EBIT is DKK137.0M making its interest coverage ratio 20.4. It has cash and short-term investments of DKK34.7M.
Key information
24.9%
Debt to equity ratio
DKK 267.40m
Debt
| Interest coverage ratio | 20.4x |
| Cash | DKK 34.70m |
| Equity | DKK 1.08b |
| Total liabilities | DKK 604.60m |
| Total assets | DKK 1.68b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIV's short term assets (DKK133.1M) do not cover its short term liabilities (DKK255.0M).
Long Term Liabilities: TIV's short term assets (DKK133.1M) do not cover its long term liabilities (DKK349.6M).
Debt to Equity History and Analysis
Debt Level: TIV's net debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: TIV's debt to equity ratio has reduced from 36.6% to 24.9% over the past 5 years.
Debt Coverage: TIV's debt is well covered by operating cash flow (63.2%).
Interest Coverage: TIV's interest payments on its debt are well covered by EBIT (20.4x coverage).