Tubacex Balance Sheet Health
Financial Health criteria checks 1/6
Tubacex has a total shareholder equity of €289.9M and total debt of €582.0M, which brings its debt-to-equity ratio to 200.8%. Its total assets and total liabilities are €1.2B and €958.0M respectively. Tubacex's EBIT is €66.1M making its interest coverage ratio 1.8. It has cash and short-term investments of €139.2M.
Key information
200.8%
Debt to equity ratio
€582.00m
Debt
| Interest coverage ratio | 1.8x |
| Cash | €139.20m |
| Equity | €289.90m |
| Total liabilities | €958.00m |
| Total assets | €1.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KD1's short term assets (€708.2M) do not cover its short term liabilities (€715.0M).
Long Term Liabilities: 0KD1's short term assets (€708.2M) exceed its long term liabilities (€243.0M).
Debt to Equity History and Analysis
Debt Level: 0KD1's net debt to equity ratio (152.7%) is considered high.
Reducing Debt: 0KD1's debt to equity ratio has increased from 144.7% to 200.8% over the past 5 years.
Debt Coverage: 0KD1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0KD1's interest payments on its debt are not well covered by EBIT (1.8x coverage).