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Tecnotree Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Tecnotree Oyj has a total shareholder equity of €80.7M and total debt of €4.3M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are €102.9M and €22.2M respectively. Tecnotree Oyj's EBIT is €19.7M making its interest coverage ratio -17.3. It has cash and short-term investments of €10.9M.
Key information
5.3%
Debt to equity ratio
€4.30m
Debt
| Interest coverage ratio | -17.3x |
| Cash | €10.90m |
| Equity | €80.70m |
| Total liabilities | €22.20m |
| Total assets | €102.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0ONY's short term assets (€73.3M) exceed its short term liabilities (€16.3M).
Long Term Liabilities: 0ONY's short term assets (€73.3M) exceed its long term liabilities (€5.9M).
Debt to Equity History and Analysis
Debt Level: 0ONY has more cash than its total debt.
Reducing Debt: 0ONY had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 0ONY's debt is well covered by operating cash flow (212.3%).
Interest Coverage: 0ONY earns more interest than it pays, so coverage of interest payments is not a concern.