Tamtron Group Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Tamtron Group Oyj has a total shareholder equity of €20.6M and total debt of €11.6M, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are €42.2M and €21.6M respectively. Tamtron Group Oyj's EBIT is €4.7M making its interest coverage ratio 8.4. It has cash and short-term investments of €2.4M.
Key information
56.4%
Debt to equity ratio
€11.62m
Debt
| Interest coverage ratio | 8.4x |
| Cash | €2.40m |
| Equity | €20.60m |
| Total liabilities | €21.62m |
| Total assets | €42.23m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TAMTRON's short term assets (€21.4M) exceed its short term liabilities (€11.3M).
Long Term Liabilities: TAMTRON's short term assets (€21.4M) exceed its long term liabilities (€10.3M).
Debt to Equity History and Analysis
Debt Level: TAMTRON's net debt to equity ratio (44.8%) is considered high.
Reducing Debt: Insufficient data to determine if TAMTRON's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TAMTRON's debt is well covered by operating cash flow (26.6%).
Interest Coverage: TAMTRON's interest payments on its debt are well covered by EBIT (8.4x coverage).