AS Tallink Grupp Balance Sheet Health
Financial Health criteria checks 2/6
AS Tallink Grupp has a total shareholder equity of €788.6M and total debt of €538.7M, which brings its debt-to-equity ratio to 68.3%. Its total assets and total liabilities are €1.5B and €760.0M respectively. AS Tallink Grupp's EBIT is €121.3M making its interest coverage ratio 3.4. It has cash and short-term investments of €48.9M.
Key information
68.3%
Debt to equity ratio
€538.74m
Debt
Interest coverage ratio | 3.4x |
Cash | €48.87m |
Equity | €788.59m |
Total liabilities | €760.02m |
Total assets | €1.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TALLINK's short term assets (€145.9M) do not cover its short term liabilities (€234.6M).
Long Term Liabilities: TALLINK's short term assets (€145.9M) do not cover its long term liabilities (€525.4M).
Debt to Equity History and Analysis
Debt Level: TALLINK's net debt to equity ratio (62.1%) is considered high.
Reducing Debt: TALLINK's debt to equity ratio has increased from 60.8% to 68.3% over the past 5 years.
Debt Coverage: TALLINK's debt is well covered by operating cash flow (36.1%).
Interest Coverage: TALLINK's interest payments on its debt are well covered by EBIT (3.4x coverage).