Tubos Reunidos Balance Sheet Health
Financial Health criteria checks 2/6
Tubos Reunidos has a total shareholder equity of €44.0M and total debt of €290.2M, which brings its debt-to-equity ratio to 659.7%. Its total assets and total liabilities are €474.5M and €430.5M respectively. Tubos Reunidos's EBIT is €7.1M making its interest coverage ratio -0.2. It has cash and short-term investments of €62.0M.
Key information
659.7%
Debt to equity ratio
€290.22m
Debt
| Interest coverage ratio | -0.2x |
| Cash | €62.03m |
| Equity | €43.99m |
| Total liabilities | €430.52m |
| Total assets | €474.51m |
Recent financial health updates
Is Tubos Reunidos (BME:TRG) Using Too Much Debt?
May 09
Is Tubos Reunidos (BME:TRG) Using Too Much Debt?
Jan 15Recent updates
Tubos Reunidos' (BME:TRG) Returns On Capital Are Heading Higher
Nov 15There May Be Some Bright Spots In Tubos Reunidos' (BME:TRG) Earnings
Oct 04Is Tubos Reunidos (BME:TRG) Using Too Much Debt?
May 09Returns on Capital Paint A Bright Future For Tubos Reunidos (BME:TRG)
Jan 17Tubos Reunidos, S.A.'s (BME:TRG) Shares Not Telling The Full Story
Dec 22Tubos Reunidos, S.A. (BME:TRG) Could Be Riskier Than It Looks
Aug 08Tubos Reunidos' (BME:TRG) Returns On Capital Are Heading Higher
May 19Tubos Reunidos' (BME:TRG) Earnings Are Of Questionable Quality
Mar 08Is Tubos Reunidos (BME:TRG) Using Too Much Debt?
Jan 15Financial Position Analysis
Short Term Liabilities: TRG's short term assets (€199.6M) exceed its short term liabilities (€135.6M).
Long Term Liabilities: TRG's short term assets (€199.6M) do not cover its long term liabilities (€294.9M).
Debt to Equity History and Analysis
Debt Level: TRG's net debt to equity ratio (518.7%) is considered high.
Reducing Debt: TRG's debt to equity ratio has increased from 294.9% to 659.7% over the past 5 years.
Debt Coverage: TRG's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: TRG earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 12:27 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tubos Reunidos, S.A. is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| César Sánchez-Grande Bergon | Ahorro Corporación |
| Bruno Silva | Banco BPI, S.A. |
| Francisco Rodríguez Sánchez | Banco de Sabadell. S.A. |