Técnicas Reunidas Balance Sheet Health
Financial Health criteria checks 5/6
Técnicas Reunidas has a total shareholder equity of €520.0M and total debt of €641.2M, which brings its debt-to-equity ratio to 123.3%. Its total assets and total liabilities are €4.4B and €3.9B respectively. Técnicas Reunidas's EBIT is €157.8M making its interest coverage ratio 11.4. It has cash and short-term investments of €973.8M.
Key information
123.3%
Debt to equity ratio
€641.20m
Debt
Interest coverage ratio | 11.4x |
Cash | €973.80m |
Equity | €520.00m |
Total liabilities | €3.93b |
Total assets | €4.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TREE's short term assets (€3.9B) exceed its short term liabilities (€3.5B).
Long Term Liabilities: TREE's short term assets (€3.9B) exceed its long term liabilities (€456.3M).
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 reduced from 150.3% to 123.3% over the past 5 years.
Debt Coverage: TREE's debt is not well covered by operating cash flow (13%).
Interest Coverage: TREE's interest payments on its debt are well covered by EBIT (11.4x coverage).