Technip Energies Balance Sheet Health

Financial Health criteria checks 6/6

Technip Energies has a total shareholder equity of €2.0B and total debt of €767.4M, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are €9.0B and €7.0B respectively. Technip Energies's EBIT is €512.1M making its interest coverage ratio -3.7. It has cash and short-term investments of €3.3B.

Key information

37.8%

Debt to equity ratio

€767.40m

Debt

Interest coverage ratio-3.7x
Cash€3.32b
Equity€2.03b
Total liabilities€6.97b
Total assets€9.00b

Recent financial health updates

Recent updates

Technip Energies N.V. Just Recorded A 10% Revenue Beat: Here's What Analysts Think

Nov 04
Technip Energies N.V. Just Recorded A 10% Revenue Beat: Here's What Analysts Think

Technip Energies' (EPA:TE) Returns On Capital Not Reflecting Well On The Business

Oct 21
Technip Energies' (EPA:TE) Returns On Capital Not Reflecting Well On The Business

Is Technip Energies (EPA:TE) A Risky Investment?

Sep 24
Is Technip Energies (EPA:TE) A Risky Investment?

Here's Why Technip Energies (EPA:TE) Has Caught The Eye Of Investors

Sep 09
Here's Why Technip Energies (EPA:TE) Has Caught The Eye Of Investors

Why Investors Shouldn't Be Surprised By Technip Energies N.V.'s (EPA:TE) Low P/E

Aug 23
Why Investors Shouldn't Be Surprised By Technip Energies N.V.'s (EPA:TE) Low P/E

Earnings Update: Technip Energies N.V. (EPA:TE) Just Reported Its Half-Year Results And Analysts Are Updating Their Forecasts

Aug 04
Earnings Update: Technip Energies N.V. (EPA:TE) Just Reported Its Half-Year Results And Analysts Are Updating Their Forecasts

Technip Energies (EPA:TE) Seems To Use Debt Quite Sensibly

Jun 13
Technip Energies (EPA:TE) Seems To Use Debt Quite Sensibly

Are Investors Undervaluing Technip Energies N.V. (EPA:TE) By 36%?

May 26
Are Investors Undervaluing Technip Energies N.V. (EPA:TE) By 36%?

Technip Energies (EPA:TE) Has Announced That It Will Be Increasing Its Dividend To €0.57

May 08
Technip Energies (EPA:TE) Has Announced That It Will Be Increasing Its Dividend To €0.57

The Returns On Capital At Technip Energies (EPA:TE) Don't Inspire Confidence

Apr 29
The Returns On Capital At Technip Energies (EPA:TE) Don't Inspire Confidence

Financial Position Analysis

Short Term Liabilities: TE's short term assets (€6.0B) exceed its short term liabilities (€5.8B).

Long Term Liabilities: TE's short term assets (€6.0B) exceed its long term liabilities (€1.2B).


Debt to Equity History and Analysis

Debt Level: TE has more cash than its total debt.

Reducing Debt: TE's debt to equity ratio has reduced from 61.5% to 37.8% over the past 5 years.

Debt Coverage: TE's debt is well covered by operating cash flow (72.4%).

Interest Coverage: TE earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies