Tubos Reunidos Balance Sheet Health
Financial Health criteria checks 2/6
Tubos Reunidos has a total shareholder equity of €4.4M and total debt of €380.5M, which brings its debt-to-equity ratio to 8748.1%. Its total assets and total liabilities are €530.0M and €525.6M respectively. Tubos Reunidos's EBIT is €89.8M making its interest coverage ratio 3.2. It has cash and short-term investments of €95.8M.
Key information
8,748.1%
Debt to equity ratio
€380.54m
Debt
Interest coverage ratio | 3.2x |
Cash | €95.80m |
Equity | €4.35m |
Total liabilities | €525.61m |
Total assets | €529.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KD2's short term assets (€225.6M) exceed its short term liabilities (€131.2M).
Long Term Liabilities: 0KD2's short term assets (€225.6M) do not cover its long term liabilities (€394.4M).
Debt to Equity History and Analysis
Debt Level: 0KD2's net debt to equity ratio (6545.8%) is considered high.
Reducing Debt: 0KD2's debt to equity ratio has increased from 269.6% to 8748.1% over the past 5 years.
Debt Coverage: 0KD2's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: 0KD2's interest payments on its debt are well covered by EBIT (3.2x coverage).