Técnicas Reunidas Balance Sheet Health
Financial Health criteria checks 4/6
Técnicas Reunidas has a total shareholder equity of €354.5M and total debt of €798.2M, which brings its debt-to-equity ratio to 225.1%. Its total assets and total liabilities are €4.4B and €4.0B respectively. Técnicas Reunidas's EBIT is €163.4M making its interest coverage ratio 12.4. It has cash and short-term investments of €941.3M.
Key information
225.1%
Debt to equity ratio
€798.21m
Debt
| Interest coverage ratio | 12.4x |
| Cash | €941.32m |
| Equity | €354.53m |
| Total liabilities | €4.05b |
| Total assets | €4.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TREE's short term assets (€3.8B) exceed its short term liabilities (€3.5B).
Long Term Liabilities: TREE's short term assets (€3.8B) exceed its long term liabilities (€593.8M).
Debt to Equity History and Analysis
Debt Level: TREE has more cash than its total debt.
Reducing Debt: TREE's debt to equity ratio has increased from 139.5% to 225.1% over the past 5 years.
Debt Coverage: TREE's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: TREE's interest payments on its debt are well covered by EBIT (12.4x coverage).