Tinexta Balance Sheet Health
Financial Health criteria checks 6/6
Tinexta has a total shareholder equity of €447.4M and total debt of €253.8M, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are €988.5M and €541.1M respectively. Tinexta's EBIT is €55.3M making its interest coverage ratio 12.4. It has cash and short-term investments of €232.9M.
Key information
56.7%
Debt to equity ratio
€253.77m
Debt
| Interest coverage ratio | 12.4x |
| Cash | €232.93m |
| Equity | €447.41m |
| Total liabilities | €541.14m |
| Total assets | €988.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNXTM's short term assets (€378.4M) exceed its short term liabilities (€298.1M).
Long Term Liabilities: TNXTM's short term assets (€378.4M) exceed its long term liabilities (€243.1M).
Debt to Equity History and Analysis
Debt Level: TNXTM's net debt to equity ratio (4.7%) is considered satisfactory.
Reducing Debt: TNXTM's debt to equity ratio has reduced from 103.2% to 56.7% over the past 5 years.
Debt Coverage: TNXTM's debt is well covered by operating cash flow (30.8%).
Interest Coverage: TNXTM's interest payments on its debt are well covered by EBIT (12.4x coverage).