Tubacex Balance Sheet Health
Financial Health criteria checks 1/6
Tubacex has a total shareholder equity of €293.6M and total debt of €479.4M, which brings its debt-to-equity ratio to 163.3%. Its total assets and total liabilities are €1.2B and €917.8M respectively. Tubacex's EBIT is €80.7M making its interest coverage ratio 2.6. It has cash and short-term investments of €181.0M.
Key information
163.3%
Debt to equity ratio
€479.37m
Debt
| Interest coverage ratio | 2.6x |
| Cash | €181.00m |
| Equity | €293.64m |
| Total liabilities | €917.82m |
| Total assets | €1.21b |
Recent financial health updates
Is Tubacex (BME:TUB) A Risky Investment?
Apr 05
Is Tubacex (BME:TUB) Using Too Much Debt?
Aug 13Is Tubacex (BME:TUB) A Risky Investment?
Sep 30Does Tubacex (BME:TUB) Have A Healthy Balance Sheet?
May 14Is Tubacex (BME:TUB) Using Debt In A Risky Way?
Dec 14
Recent updates
Is Tubacex (BME:TUB) A Risky Investment?
Apr 05Is Tubacex (BME:TUB) Using Too Much Debt?
Aug 13Is There An Opportunity With Tubacex, S.A.'s (BME:TUB) 43% Undervaluation?
Jul 06Is Tubacex (BME:TUB) A Risky Investment?
Sep 30Tubacex, S.A. (BME:TUB) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Jul 31Time To Worry? Analysts Are Downgrading Their Tubacex, S.A. (BME:TUB) Outlook
Jul 29Does Tubacex (BME:TUB) Have A Healthy Balance Sheet?
May 14What Is The Ownership Structure Like For Tubacex, S.A. (BME:TUB)?
Mar 15Reflecting on Tubacex's (BME:TUB) Share Price Returns Over The Last Three Years
Feb 07Is Tubacex (BME:TUB) Using Debt In A Risky Way?
Dec 14A Rising Share Price Has Us Looking Closely At Tubacex, S.A.'s (BME:TUB) P/E Ratio
Jun 21Financial Position Analysis
Short Term Liabilities: TUB's short term assets (€693.2M) do not cover its short term liabilities (€711.4M).
Long Term Liabilities: TUB's short term assets (€693.2M) exceed its long term liabilities (€206.5M).
Debt to Equity History and Analysis
Debt Level: TUB's net debt to equity ratio (101.6%) is considered high.
Reducing Debt: TUB's debt to equity ratio has increased from 149.9% to 163.3% over the past 5 years.
Debt Coverage: TUB's debt is not well covered by operating cash flow (19%).
Interest Coverage: TUB's interest payments on its debt are not well covered by EBIT (2.6x coverage).