TKH Group Balance Sheet Health
Financial Health criteria checks 4/6
TKH Group has a total shareholder equity of €835.7M and total debt of €561.2M, which brings its debt-to-equity ratio to 67.2%. Its total assets and total liabilities are €2.1B and €1.3B respectively. TKH Group's EBIT is €178.1M making its interest coverage ratio 8.1. It has cash and short-term investments of €93.7M.
Key information
67.2%
Debt to equity ratio
€561.23m
Debt
Interest coverage ratio | 8.1x |
Cash | €93.70m |
Equity | €835.71m |
Total liabilities | €1.29b |
Total assets | €2.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TWEKAA's short term assets (€989.5M) exceed its short term liabilities (€644.5M).
Long Term Liabilities: TWEKAA's short term assets (€989.5M) exceed its long term liabilities (€647.5M).
Debt to Equity History and Analysis
Debt Level: TWEKAA's net debt to equity ratio (55.9%) is considered high.
Reducing Debt: TWEKAA's debt to equity ratio has increased from 63.2% to 67.2% over the past 5 years.
Debt Coverage: TWEKAA's debt is well covered by operating cash flow (27.2%).
Interest Coverage: TWEKAA's interest payments on its debt are well covered by EBIT (8.1x coverage).