Técnicas Reunidas Balance Sheet Health
Financial Health criteria checks 4/6
Técnicas Reunidas has a total shareholder equity of €354.5M and total debt of €798.2M, which brings its debt-to-equity ratio to 225.1%. Its total assets and total liabilities are €4.4B and €4.0B respectively. Técnicas Reunidas's EBIT is €163.4M making its interest coverage ratio 12.4. It has cash and short-term investments of €941.3M.
Key information
225.1%
Debt to equity ratio
€798.21m
Debt
| Interest coverage ratio | 12.4x |
| Cash | €941.32m |
| Equity | €354.53m |
| Total liabilities | €4.05b |
| Total assets | €4.40b |
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 (€3.8B) exceed its short term liabilities (€3.5B).
Long Term Liabilities: TRE's short term assets (€3.8B) exceed its long term liabilities (€593.8M).
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 increased from 139.5% to 225.1% over the past 5 years.
Debt Coverage: TRE's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: TRE's interest payments on its debt are well covered by EBIT (12.4x coverage).