technotrans Balance Sheet Health
Financial Health criteria checks 6/6
technotrans has a total shareholder equity of €93.5M and total debt of €35.6M, which brings its debt-to-equity ratio to 38.1%. Its total assets and total liabilities are €163.8M and €70.4M respectively. technotrans's EBIT is €12.3M making its interest coverage ratio 9.8. It has cash and short-term investments of €13.2M.
Key information
38.1%
Debt to equity ratio
€35.57m
Debt
| Interest coverage ratio | 9.8x |
| Cash | €13.22m |
| Equity | €93.47m |
| Total liabilities | €70.38m |
| Total assets | €163.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JMU's short term assets (€96.1M) exceed its short term liabilities (€41.1M).
Long Term Liabilities: 0JMU's short term assets (€96.1M) exceed its long term liabilities (€29.3M).
Debt to Equity History and Analysis
Debt Level: 0JMU's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: 0JMU's debt to equity ratio has reduced from 49.7% to 38.1% over the past 5 years.
Debt Coverage: 0JMU's debt is well covered by operating cash flow (48.2%).
Interest Coverage: 0JMU's interest payments on its debt are well covered by EBIT (9.8x coverage).