TKH Group Balance Sheet Health
Financial Health criteria checks 5/6
TKH Group has a total shareholder equity of €827.0M and total debt of €649.4M, which brings its debt-to-equity ratio to 78.5%. Its total assets and total liabilities are €2.2B and €1.4B respectively. TKH Group's EBIT is €149.1M making its interest coverage ratio 5.5. It has cash and short-term investments of €76.1M.
Key information
78.5%
Debt to equity ratio
€649.40m
Debt
| Interest coverage ratio | 5.5x |
| Cash | €76.10m |
| Equity | €826.95m |
| Total liabilities | €1.37b |
| Total assets | €2.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NO1's short term assets (€1.0B) exceed its short term liabilities (€645.3M).
Long Term Liabilities: 0NO1's short term assets (€1.0B) exceed its long term liabilities (€723.1M).
Debt to Equity History and Analysis
Debt Level: 0NO1's net debt to equity ratio (69.3%) is considered high.
Reducing Debt: 0NO1's debt to equity ratio has reduced from 78.8% to 78.5% over the past 5 years.
Debt Coverage: 0NO1's debt is well covered by operating cash flow (28.8%).
Interest Coverage: 0NO1's interest payments on its debt are well covered by EBIT (5.5x coverage).