Theon International Balance Sheet Health
Financial Health criteria checks 5/6
Theon International has a total shareholder equity of €53.3M and total debt of €40.5M, which brings its debt-to-equity ratio to 75.9%. Its total assets and total liabilities are €177.4M and €124.1M respectively. Theon International's EBIT is €44.7M making its interest coverage ratio 36.3. It has cash and short-term investments of €20.7M.
Key information
75.9%
Debt to equity ratio
€40.46m
Debt
Interest coverage ratio | 36.3x |
Cash | €20.70m |
Equity | €53.33m |
Total liabilities | €124.11m |
Total assets | €177.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THEONA's short term assets (€157.5M) exceed its short term liabilities (€109.7M).
Long Term Liabilities: THEONA's short term assets (€157.5M) exceed its long term liabilities (€14.4M).
Debt to Equity History and Analysis
Debt Level: THEONA's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if THEONA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: THEONA's debt is well covered by operating cash flow (20.7%).
Interest Coverage: THEONA's interest payments on its debt are well covered by EBIT (36.3x coverage).