Technical Olympic Balance Sheet Health
Financial Health criteria checks 5/6
Technical Olympic has a total shareholder equity of €180.9M and total debt of €13.0M, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are €222.6M and €41.7M respectively. Technical Olympic's EBIT is €2.1M making its interest coverage ratio -0.4. It has cash and short-term investments of €43.0M.
Key information
7.2%
Debt to equity ratio
€13.04m
Debt
| Interest coverage ratio | -0.4x |
| Cash | €43.00m |
| Equity | €180.90m |
| Total liabilities | €41.66m |
| Total assets | €222.56m |
Recent financial health updates
Technical Olympic (ATH:OLYMP) Could Easily Take On More Debt
Jun 10
We're Interested To See How Technical Olympic (ATH:OLYMP) Uses Its Cash Hoard To Grow
Aug 14We Think Technical Olympic (ATH:OLYMP) Can Easily Afford To Drive Business Growth
Mar 16Companies Like Technical Olympic (ATH:OLYMP) Can Afford To Invest In Growth
Nov 28
Recent updates
Concerns Surrounding Technical Olympic's (ATH:OLYMP) Performance
Oct 07Technical Olympic S.A.'s (ATH:OLYMP) Business Is Yet to Catch Up With Its Share Price
Aug 06Technical Olympic's (ATH:OLYMP) Performance Is Even Better Than Its Earnings Suggest
Oct 07Technical Olympic (ATH:OLYMP) Could Easily Take On More Debt
Jun 10We're Interested To See How Technical Olympic (ATH:OLYMP) Uses Its Cash Hoard To Grow
Aug 14We Think Technical Olympic (ATH:OLYMP) Can Easily Afford To Drive Business Growth
Mar 16Companies Like Technical Olympic (ATH:OLYMP) Can Afford To Invest In Growth
Nov 28Financial Position Analysis
Short Term Liabilities: OLYMP's short term assets (€88.5M) exceed its short term liabilities (€15.9M).
Long Term Liabilities: OLYMP's short term assets (€88.5M) exceed its long term liabilities (€25.8M).
Debt to Equity History and Analysis
Debt Level: OLYMP has more cash than its total debt.
Reducing Debt: OLYMP's debt to equity ratio has reduced from 9.6% to 7.2% over the past 5 years.
Debt Coverage: OLYMP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: OLYMP earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 07:11 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Technical Olympic S.A. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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