Tulikivi Balance Sheet Health
Financial Health criteria checks 5/6
Tulikivi has a total shareholder equity of €12.3M and total debt of €12.4M, which brings its debt-to-equity ratio to 100.8%. Its total assets and total liabilities are €36.2M and €23.9M respectively. Tulikivi's EBIT is €3.8M making its interest coverage ratio 5.3. It has cash and short-term investments of €2.5M.
Key information
100.8%
Debt to equity ratio
€12.40m
Debt
Interest coverage ratio | 5.3x |
Cash | €2.50m |
Equity | €12.30m |
Total liabilities | €23.90m |
Total assets | €36.20m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0GCJ's short term assets (€15.1M) exceed its short term liabilities (€11.6M).
Long Term Liabilities: 0GCJ's short term assets (€15.1M) exceed its long term liabilities (€12.3M).
Debt to Equity History and Analysis
Debt Level: 0GCJ's net debt to equity ratio (80.5%) is considered high.
Reducing Debt: 0GCJ's debt to equity ratio has reduced from 138.6% to 100.8% over the past 5 years.
Debt Coverage: 0GCJ's debt is well covered by operating cash flow (37.5%).
Interest Coverage: 0GCJ's interest payments on its debt are well covered by EBIT (5.3x coverage).