InnoTec TSS Balance Sheet Health
Financial Health criteria checks 6/6
InnoTec TSS has a total shareholder equity of €87.8M and total debt of €8.5M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are €111.8M and €24.0M respectively. InnoTec TSS's EBIT is €8.0M making its interest coverage ratio -17.6. It has cash and short-term investments of €24.1M.
Key information
9.6%
Debt to equity ratio
€8.47m
Debt
| Interest coverage ratio | -17.6x |
| Cash | €24.06m |
| Equity | €87.78m |
| Total liabilities | €24.04m |
| Total assets | €111.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NL8's short term assets (€52.5M) exceed its short term liabilities (€13.5M).
Long Term Liabilities: 0NL8's short term assets (€52.5M) exceed its long term liabilities (€10.6M).
Debt to Equity History and Analysis
Debt Level: 0NL8 has more cash than its total debt.
Reducing Debt: 0NL8's debt to equity ratio has reduced from 15.6% to 9.6% over the past 5 years.
Debt Coverage: 0NL8's debt is well covered by operating cash flow (166.9%).
Interest Coverage: 0NL8 earns more interest than it pays, so coverage of interest payments is not a concern.