Técnicas Reunidas Balance Sheet Health
Financial Health criteria checks 5/6
Técnicas Reunidas has a total shareholder equity of €563.6M and total debt of €651.6M, which brings its debt-to-equity ratio to 115.6%. Its total assets and total liabilities are €4.5B and €3.9B respectively. Técnicas Reunidas's EBIT is €168.2M making its interest coverage ratio -38.9. It has cash and short-term investments of €950.0M.
Key information
115.6%
Debt to equity ratio
€651.60m
Debt
| Interest coverage ratio | -38.9x |
| Cash | €950.00m |
| Equity | €563.60m |
| Total liabilities | €3.90b |
| Total assets | €4.46b |
Recent financial health updates
Does Técnicas Reunidas (BME:TRE) Have A Healthy Balance Sheet?
Jun 15
Here's Why Técnicas Reunidas (BME:TRE) Has A Meaningful Debt Burden
Aug 11Is Técnicas Reunidas (BME:TRE) Using Debt In A Risky Way?
Oct 27Health Check: How Prudently Does Técnicas Reunidas (BME:TRE) Use Debt?
Nov 03Does Técnicas Reunidas (BME:TRE) Have A Healthy Balance Sheet?
Jul 09Recent updates
Many Still Looking Away From Técnicas Reunidas, S.A. (BME:TRE)
Sep 19Earnings Update: Here's Why Analysts Just Lifted Their Técnicas Reunidas, S.A. (BME:TRE) Price Target To €16.42
Aug 03Does Técnicas Reunidas (BME:TRE) Have A Healthy Balance Sheet?
Jun 15Técnicas Reunidas, S.A.'s (BME:TRE) Shares Leap 39% Yet They're Still Not Telling The Full Story
May 24Not Many Are Piling Into Técnicas Reunidas, S.A. (BME:TRE) Just Yet
Apr 04Here's Why Técnicas Reunidas (BME:TRE) Has A Meaningful Debt Burden
Aug 11Is Técnicas Reunidas, S.A. (BME:TRE) Trading At A 23% Discount?
Mar 08Is Técnicas Reunidas (BME:TRE) Using Debt In A Risky Way?
Oct 27Health Check: How Prudently Does Técnicas Reunidas (BME:TRE) Use Debt?
Nov 03Does Técnicas Reunidas (BME:TRE) Have A Healthy Balance Sheet?
Jul 09Based On Its ROE, Is Técnicas Reunidas, S.A. (BME:TRE) A High Quality Stock?
Mar 10Técnicas Reunidas (BME:TRE) Share Prices Have Dropped 51% In The Last Three Years
Feb 12Is Técnicas Reunidas, S.A. (BME:TRE) Worth €11.8 Based On Its Intrinsic Value?
Jan 14Could The Técnicas Reunidas, S.A. (BME:TRE) Ownership Structure Tell Us Something Useful?
Dec 14Financial Position Analysis
Short Term Liabilities: TRE's short term assets (€3.9B) exceed its short term liabilities (€3.5B).
Long Term Liabilities: TRE's short term assets (€3.9B) exceed its long term liabilities (€443.6M).
Debt to Equity History and Analysis
Debt Level: TRE has more cash than its total debt.
Reducing Debt: TRE's debt to equity ratio has reduced from 162.1% to 115.6% over the past 5 years.
Debt Coverage: TRE's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: TRE earns more interest than it pays, so coverage of interest payments is not a concern.