TKM Grupp Balance Sheet Health
Financial Health criteria checks 3/6
TKM Grupp has a total shareholder equity of €242.4M and total debt of €152.8M, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are €674.4M and €432.0M respectively. TKM Grupp's EBIT is €47.6M making its interest coverage ratio 4.5. It has cash and short-term investments of €24.8M.
Key information
63.0%
Debt to equity ratio
€152.81m
Debt
| Interest coverage ratio | 4.5x |
| Cash | €24.77m |
| Equity | €242.41m |
| Total liabilities | €432.00m |
| Total assets | €674.41m |
Recent financial health updates
Tallinna Kaubamaja Grupp (TAL:TKM1T) Has A Somewhat Strained Balance Sheet
Aug 29
We Think Tallinna Kaubamaja Grupp (TAL:TKM1T) Is Taking Some Risk With Its Debt
May 03Does Tallinna Kaubamaja Grupp (TAL:TKM1T) Have A Healthy Balance Sheet?
Jan 14
Recent updates
Tallinna Kaubamaja Grupp (TAL:TKM1T) Is Increasing Its Dividend To €0.72
Mar 21Tallinna Kaubamaja Grupp's (TAL:TKM1T) Upcoming Dividend Will Be Larger Than Last Year's
Mar 01Tallinna Kaubamaja Grupp (TAL:TKM1T) Is Increasing Its Dividend To €0.68
Feb 24Tallinna Kaubamaja Grupp (TAL:TKM1T) Has A Somewhat Strained Balance Sheet
Aug 29We Think Tallinna Kaubamaja Grupp (TAL:TKM1T) Is Taking Some Risk With Its Debt
May 03Shareholders Of Tallinna Kaubamaja Grupp (TAL:TKM1T) Must Be Happy With Their 93% Return
Mar 20Something To Consider Before Buying Tallinna Kaubamaja Grupp AS (TAL:TKM1T) For The 8.0% Dividend
Feb 21The Trends At Tallinna Kaubamaja Grupp (TAL:TKM1T) That You Should Know About
Feb 02Does Tallinna Kaubamaja Grupp (TAL:TKM1T) Have A Healthy Balance Sheet?
Jan 14Does Tallinna Kaubamaja Grupp's (TAL:TKM1T) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 30Financial Position Analysis
Short Term Liabilities: TKM1T's short term assets (€144.8M) exceed its short term liabilities (€131.5M).
Long Term Liabilities: TKM1T's short term assets (€144.8M) do not cover its long term liabilities (€300.5M).
Debt to Equity History and Analysis
Debt Level: TKM1T's net debt to equity ratio (52.8%) is considered high.
Reducing Debt: TKM1T's debt to equity ratio has increased from 51.4% to 63% over the past 5 years.
Debt Coverage: TKM1T's debt is well covered by operating cash flow (54.7%).
Interest Coverage: TKM1T's interest payments on its debt are well covered by EBIT (4.5x coverage).