Tarkett Balance Sheet Health
Financial Health criteria checks 5/6
Tarkett has a total shareholder equity of €910.2M and total debt of €678.6M, which brings its debt-to-equity ratio to 74.6%. Its total assets and total liabilities are €2.6B and €1.7B respectively. Tarkett's EBIT is €169.0M making its interest coverage ratio 5.3. It has cash and short-term investments of €175.4M.
Key information
74.6%
Debt to equity ratio
€678.60m
Debt
| Interest coverage ratio | 5.3x |
| Cash | €175.40m |
| Equity | €910.20m |
| Total liabilities | €1.71b |
| Total assets | €2.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QSA's short term assets (€1.2B) exceed its short term liabilities (€868.2M).
Long Term Liabilities: 0QSA's short term assets (€1.2B) exceed its long term liabilities (€839.6M).
Debt to Equity History and Analysis
Debt Level: 0QSA's net debt to equity ratio (55.3%) is considered high.
Reducing Debt: 0QSA's debt to equity ratio has reduced from 108.2% to 74.6% over the past 5 years.
Debt Coverage: 0QSA's debt is well covered by operating cash flow (25.2%).
Interest Coverage: 0QSA's interest payments on its debt are well covered by EBIT (5.3x coverage).