Tipiak Société Anonyme Balance Sheet Health
Financial Health criteria checks 2/6
Tipiak Société Anonyme has a total shareholder equity of €50.4M and total debt of €76.4M, which brings its debt-to-equity ratio to 151.7%. Its total assets and total liabilities are €189.8M and €139.5M respectively. Tipiak Société Anonyme's EBIT is €678.0K making its interest coverage ratio 0.2. It has cash and short-term investments of €17.3M.
Key information
151.7%
Debt to equity ratio
€76.40m
Debt
Interest coverage ratio | 0.2x |
Cash | €17.34m |
Equity | €50.37m |
Total liabilities | €139.45m |
Total assets | €189.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIPIP's short term assets (€111.6M) exceed its short term liabilities (€81.8M).
Long Term Liabilities: TIPIP's short term assets (€111.6M) exceed its long term liabilities (€57.6M).
Debt to Equity History and Analysis
Debt Level: TIPIP's net debt to equity ratio (117.3%) is considered high.
Reducing Debt: TIPIP's debt to equity ratio has increased from 78.9% to 151.7% over the past 5 years.
Debt Coverage: TIPIP's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: TIPIP's interest payments on its debt are not well covered by EBIT (0.2x coverage).