Talenom Oyj Balance Sheet Health
Financial Health criteria checks 2/6
Talenom Oyj has a total shareholder equity of €49.4M and total debt of €85.8M, which brings its debt-to-equity ratio to 173.7%. Its total assets and total liabilities are €183.8M and €134.4M respectively. Talenom Oyj's EBIT is €12.4M making its interest coverage ratio 3.1. It has cash and short-term investments of €12.3M.
Key information
173.7%
Debt to equity ratio
€85.77m
Debt
Interest coverage ratio | 3.1x |
Cash | €12.31m |
Equity | €49.38m |
Total liabilities | €134.41m |
Total assets | €183.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNOMH's short term assets (€32.5M) do not cover its short term liabilities (€50.7M).
Long Term Liabilities: TNOMH's short term assets (€32.5M) do not cover its long term liabilities (€83.7M).
Debt to Equity History and Analysis
Debt Level: TNOMH's net debt to equity ratio (148.8%) is considered high.
Reducing Debt: TNOMH's debt to equity ratio has increased from 126.4% to 173.7% over the past 5 years.
Debt Coverage: TNOMH's debt is well covered by operating cash flow (33.4%).
Interest Coverage: TNOMH's interest payments on its debt are well covered by EBIT (3.1x coverage).