Turbon Balance Sheet Health
Financial Health criteria checks 6/6
Turbon has a total shareholder equity of €27.2M and total debt of €936.0K, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are €45.2M and €18.0M respectively. Turbon's EBIT is €2.0M making its interest coverage ratio 8.2. It has cash and short-term investments of €4.7M.
Key information
3.4%
Debt to equity ratio
€936.00k
Debt
| Interest coverage ratio | 8.2x |
| Cash | €4.70m |
| Equity | €27.23m |
| Total liabilities | €18.00m |
| Total assets | €45.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0GCN's short term assets (€26.6M) exceed its short term liabilities (€9.6M).
Long Term Liabilities: 0GCN's short term assets (€26.6M) exceed its long term liabilities (€8.4M).
Debt to Equity History and Analysis
Debt Level: 0GCN has more cash than its total debt.
Reducing Debt: 0GCN's debt to equity ratio has reduced from 43.5% to 3.4% over the past 5 years.
Debt Coverage: 0GCN's debt is well covered by operating cash flow (403.1%).
Interest Coverage: 0GCN's interest payments on its debt are well covered by EBIT (8.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/25 17:41 |
| End of Day Share Price | 2024/08/29 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Turbon AG is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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