Tubacex Balance Sheet Health
Financial Health criteria checks 1/6
Tubacex has a total shareholder equity of €291.7M and total debt of €560.9M, which brings its debt-to-equity ratio to 192.3%. Its total assets and total liabilities are €1.2B and €942.7M respectively. Tubacex's EBIT is €67.2M making its interest coverage ratio 1.9. It has cash and short-term investments of €141.4M.
Key information
192.3%
Debt to equity ratio
€560.86m
Debt
| Interest coverage ratio | 1.9x |
| Cash | €141.42m |
| Equity | €291.73m |
| Total liabilities | €942.68m |
| Total assets | €1.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KD1's short term assets (€703.4M) do not cover its short term liabilities (€723.3M).
Long Term Liabilities: 0KD1's short term assets (€703.4M) exceed its long term liabilities (€219.3M).
Debt to Equity History and Analysis
Debt Level: 0KD1's net debt to equity ratio (143.8%) is considered high.
Reducing Debt: 0KD1's debt to equity ratio has increased from 162.7% to 192.3% 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 (1.9x coverage).