Tulikivi Balance Sheet Health
Financial Health criteria checks 5/6
Tulikivi has a total shareholder equity of €18.2M and total debt of €10.5M, which brings its debt-to-equity ratio to 57.7%. Its total assets and total liabilities are €37.7M and €19.5M respectively. Tulikivi's EBIT is €4.5M making its interest coverage ratio 5.7. It has cash and short-term investments of €1.9M.
Key information
57.7%
Debt to equity ratio
€10.50m
Debt
| Interest coverage ratio | 5.7x |
| Cash | €1.90m |
| Equity | €18.20m |
| Total liabilities | €19.50m |
| Total assets | €37.70m |
Recent financial health updates
Is Tulikivi (HEL:TULAV) Using Too Much Debt?
Mar 02
We Think Tulikivi (HEL:TULAV) Can Stay On Top Of Its Debt
Sep 30Is Tulikivi (HEL:TULAV) A Risky Investment?
Apr 05These 4 Measures Indicate That Tulikivi (HEL:TULAV) Is Using Debt Reasonably Well
Dec 28Tulikivi (HEL:TULAV) Seems To Use Debt Quite Sensibly
Jul 14Recent updates
Tulikivi Corporation's (HEL:TULAV) CEO Looks Like They Deserve Their Pay Packet
Apr 19At €0.47, Is Tulikivi Corporation (HEL:TULAV) Worth Looking At Closely?
Apr 06Is Tulikivi (HEL:TULAV) Using Too Much Debt?
Mar 02Here's Why Tulikivi (HEL:TULAV) Has Caught The Eye Of Investors
Dec 22Earnings Update: Here's Why Analysts Just Lifted Their Tulikivi Corporation (HEL:TULAV) Price Target To €0.55
Aug 23Tulikivi (HEL:TULAV) Is Doing The Right Things To Multiply Its Share Price
May 12Tulikivi's (HEL:TULAV) Earnings Are Of Questionable Quality
Mar 10We Think Tulikivi (HEL:TULAV) Can Stay On Top Of Its Debt
Sep 30A Look At The Intrinsic Value Of Tulikivi Corporation (HEL:TULAV)
Sep 13New Forecasts: Here's What Analysts Think The Future Holds For Tulikivi Corporation (HEL:TULAV)
Aug 23Here's Why We Think Tulikivi (HEL:TULAV) Is Well Worth Watching
Aug 18What Tulikivi Corporation's (HEL:TULAV) 26% Share Price Gain Is Not Telling You
Aug 04Returns On Capital Are Showing Encouraging Signs At Tulikivi (HEL:TULAV)
Jul 12Is Tulikivi (HEL:TULAV) A Risky Investment?
Apr 05We Think Tulikivi (HEL:TULAV) Might Have The DNA Of A Multi-Bagger
Mar 03Estimating The Intrinsic Value Of Tulikivi Corporation (HEL:TULAV)
Jan 23These 4 Measures Indicate That Tulikivi (HEL:TULAV) Is Using Debt Reasonably Well
Dec 28Tulikivi (HEL:TULAV) Seems To Use Debt Quite Sensibly
Jul 14Returns At Tulikivi (HEL:TULAV) Are On The Way Up
Jun 10Is Tulikivi (HEL:TULAV) A Risky Investment?
Mar 23What Do The Returns At Tulikivi (HEL:TULAV) Mean Going Forward?
Feb 16
We Think Tulikivi (HEL:TULAV) Is Taking Some Risk With Its Debt
Dec 23Financial Position Analysis
Short Term Liabilities: TULAV's short term assets (€14.5M) exceed its short term liabilities (€8.6M).
Long Term Liabilities: TULAV's short term assets (€14.5M) exceed its long term liabilities (€10.9M).
Debt to Equity History and Analysis
Debt Level: TULAV's net debt to equity ratio (47.3%) is considered high.
Reducing Debt: TULAV's debt to equity ratio has reduced from 181.2% to 57.7% over the past 5 years.
Debt Coverage: TULAV's debt is well covered by operating cash flow (51.2%).
Interest Coverage: TULAV's interest payments on its debt are well covered by EBIT (5.7x coverage).