technotrans Balance Sheet Health
Financial Health criteria checks 6/6
technotrans has a total shareholder equity of €95.4M and total debt of €38.9M, which brings its debt-to-equity ratio to 40.8%. Its total assets and total liabilities are €170.6M and €75.1M respectively. technotrans's EBIT is €14.1M making its interest coverage ratio 9.8. It has cash and short-term investments of €22.8M.
Key information
40.8%
Debt to equity ratio
€38.91m
Debt
Interest coverage ratio | 9.8x |
Cash | €22.80m |
Equity | €95.43m |
Total liabilities | €75.14m |
Total assets | €170.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JMU's short term assets (€101.5M) exceed its short term liabilities (€41.1M).
Long Term Liabilities: 0JMU's short term assets (€101.5M) exceed its long term liabilities (€34.0M).
Debt to Equity History and Analysis
Debt Level: 0JMU's net debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: 0JMU's debt to equity ratio has reduced from 45.8% to 40.8% over the past 5 years.
Debt Coverage: 0JMU's debt is well covered by operating cash flow (45%).
Interest Coverage: 0JMU's interest payments on its debt are well covered by EBIT (9.8x coverage).