Tamtron Group Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Tamtron Group Oyj has a total shareholder equity of €20.2M and total debt of €12.3M, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are €46.2M and €26.1M respectively. Tamtron Group Oyj's EBIT is €4.5M making its interest coverage ratio 7.7. It has cash and short-term investments of €1.8M.
Key information
60.9%
Debt to equity ratio
€12.28m
Debt
Interest coverage ratio | 7.7x |
Cash | €1.75m |
Equity | €20.17m |
Total liabilities | €26.06m |
Total assets | €46.23m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TAMTRON's short term assets (€24.5M) exceed its short term liabilities (€16.3M).
Long Term Liabilities: TAMTRON's short term assets (€24.5M) exceed its long term liabilities (€9.8M).
Debt to Equity History and Analysis
Debt Level: TAMTRON's net debt to equity ratio (52.2%) 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 not well covered by operating cash flow (11%).
Interest Coverage: TAMTRON's interest payments on its debt are well covered by EBIT (7.7x coverage).