Touax Balance Sheet Health
Financial Health criteria checks 1/6
Touax has a total shareholder equity of €147.6M and total debt of €329.3M, which brings its debt-to-equity ratio to 223.1%. Its total assets and total liabilities are €563.4M and €415.8M respectively. Touax's EBIT is €28.3M making its interest coverage ratio 1.4. It has cash and short-term investments of €39.0M.
Key information
223.1%
Debt to equity ratio
€329.29m
Debt
| Interest coverage ratio | 1.4x |
| Cash | €39.00m |
| Equity | €147.61m |
| Total liabilities | €415.80m |
| Total assets | €563.41m |
Recent financial health updates
Recent updates
Investors Will Want Touax's (EPA:TOUP) Growth In ROCE To Persist
Feb 09
Touax SCA (EPA:TOUP) Doing What It Can To Lift Shares
Dec 22Does Touax (EPA:TOUP) Have A Healthy Balance Sheet?
Nov 08Investors Will Want Touax's (EPA:TOUP) Growth In ROCE To Persist
Oct 07At €6.00, Is Touax SCA (EPA:TOUP) Worth Looking At Closely?
Sep 05Does Touax (EPA:TOUP) Deserve A Spot On Your Watchlist?
Sep 25Touax SCA's (EPA:TOUP) Share Price Boosted 29% But Its Business Prospects Need A Lift Too
Apr 02Can You Imagine How Touax's (EPA:TOUP) Shareholders Feel About The 98% Share Price Increase?
Feb 10
Is Now An Opportune Moment To Examine Touax SCA (EPA:TOUP)?
Dec 16Financial Position Analysis
Short Term Liabilities: TOUP's short term assets (€157.2M) exceed its short term liabilities (€99.0M).
Long Term Liabilities: TOUP's short term assets (€157.2M) do not cover its long term liabilities (€316.8M).
Debt to Equity History and Analysis
Debt Level: TOUP's net debt to equity ratio (196.7%) is considered high.
Reducing Debt: TOUP's debt to equity ratio has increased from 169.8% to 223.1% over the past 5 years.
Debt Coverage: TOUP's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: TOUP's interest payments on its debt are not well covered by EBIT (1.4x coverage).