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
Recent updates
AS Tallinna Vesi (TAL:TVE1T) Has Announced That Its Dividend Will Be Reduced To €0.33
Jun 03
AS Tallinna Vesi's (TAL:TVE1T) Dividend Will Be Reduced To €0.33
May 12AS Tallinna Vesi (TAL:TVE1T) Is Due To Pay A Dividend Of €0.65
Jun 19Is AS Tallinna Vesi (TAL:TVEAT) A Good Dividend Stock?
Apr 09Is AS Tallinna Vesi's (TAL:TVEAT) Recent Stock Performance Influenced By Its Financials In Any Way?
Mar 09Is AS Tallinna Vesi (TAL:TVEAT) A Risky Investment?
Feb 21Will AS Tallinna Vesi (TAL:TVEAT) Multiply In Value Going Forward?
Feb 03We're Not So Sure You Should Rely on AS Tallinna Vesi's (TAL:TVEAT) Statutory Earnings
Jan 19
Is AS Tallinna Vesi (TAL:TVEAT) A Good Dividend Stock?
Jan 03Shareholders Of AS Tallinna Vesi (TAL:TVEAT) Must Be Happy With Their 55% Return
Dec 17Calculating The Fair Value Of AS Tallinna Vesi (TAL:TVEAT)
Dec 04Financial Position Analysis
Short Term Liabilities: TVE1T's short term assets (€24.5M) exceed its short term liabilities (€18.8M).
Long Term Liabilities: TVE1T's short term assets (€24.5M) do not cover its long term liabilities (€146.0M).
Debt to Equity History and Analysis
Debt Level: TVE1T's net debt to equity ratio (69.8%) is considered high.
Reducing Debt: TVE1T's debt to equity ratio has reduced from 92.7% to 82.4% over the past 5 years.
Debt Coverage: TVE1T's debt is well covered by operating cash flow (25.4%).
Interest Coverage: TVE1T's interest payments on its debt are well covered by EBIT (5.6x coverage).