Tinexta Balance Sheet Health
Financial Health criteria checks 6/6
Tinexta has a total shareholder equity of €455.4M and total debt of €250.1M, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are €1.0B and €563.7M respectively. Tinexta's EBIT is €54.6M making its interest coverage ratio 10.4. It has cash and short-term investments of €183.4M.
Key information
54.9%
Debt to equity ratio
€250.12m
Debt
Interest coverage ratio | 10.4x |
Cash | €183.38m |
Equity | €455.40m |
Total liabilities | €563.69m |
Total assets | €1.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RIW's short term assets (€364.4M) exceed its short term liabilities (€314.2M).
Long Term Liabilities: 0RIW's short term assets (€364.4M) exceed its long term liabilities (€249.5M).
Debt to Equity History and Analysis
Debt Level: 0RIW's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: 0RIW's debt to equity ratio has reduced from 115.2% to 54.9% over the past 5 years.
Debt Coverage: 0RIW's debt is well covered by operating cash flow (30%).
Interest Coverage: 0RIW's interest payments on its debt are well covered by EBIT (10.4x coverage).