Technogym Balance Sheet Health
Financial Health criteria checks 6/6
Technogym has a total shareholder equity of €330.6M and total debt of €59.4M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are €817.0M and €486.5M respectively. Technogym's EBIT is €104.0M making its interest coverage ratio -20.6. It has cash and short-term investments of €201.2M.
Key information
18.0%
Debt to equity ratio
€59.43m
Debt
| Interest coverage ratio | -20.6x |
| Cash | €201.20m |
| Equity | €330.56m |
| Total liabilities | €486.48m |
| Total assets | €817.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGYMM's short term assets (€479.7M) exceed its short term liabilities (€357.9M).
Long Term Liabilities: TGYMM's short term assets (€479.7M) exceed its long term liabilities (€128.5M).
Debt to Equity History and Analysis
Debt Level: TGYMM has more cash than its total debt.
Reducing Debt: TGYMM's debt to equity ratio has reduced from 52.7% to 18% over the past 5 years.
Debt Coverage: TGYMM's debt is well covered by operating cash flow (239.1%).
Interest Coverage: TGYMM earns more interest than it pays, so coverage of interest payments is not a concern.