Technical Olympic S.A.

ATSE:OLYMP Stock Report

Market Cap: €100.9m

Technical Olympic Balance Sheet Health

Financial Health criteria checks 5/6

Technical Olympic has a total shareholder equity of €185.3M and total debt of €7.6M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are €222.5M and €37.2M respectively. Technical Olympic's EBIT is €1.9M making its interest coverage ratio -0.5. It has cash and short-term investments of €33.3M.

Key information

4.1%

Debt to equity ratio

€7.59m

Debt

Interest coverage ratio-0.5x
Cash€33.25m
Equity€185.30m
Total liabilities€37.19m
Total assets€222.48m

Recent financial health updates

Recent updates

Technical Olympic's (ATH:OLYMP) Performance Is Even Better Than Its Earnings Suggest

Oct 07
Technical Olympic's (ATH:OLYMP) Performance Is Even Better Than Its Earnings Suggest

Technical Olympic (ATH:OLYMP) Could Easily Take On More Debt

Jun 10
Technical Olympic (ATH:OLYMP) Could Easily Take On More Debt

We're Interested To See How Technical Olympic (ATH:OLYMP) Uses Its Cash Hoard To Grow

Aug 14
We're Interested To See How Technical Olympic (ATH:OLYMP) Uses Its Cash Hoard To Grow

We Think Technical Olympic (ATH:OLYMP) Can Easily Afford To Drive Business Growth

Mar 16
We Think Technical Olympic (ATH:OLYMP) Can Easily Afford To Drive Business Growth

Companies Like Technical Olympic (ATH:OLYMP) Can Afford To Invest In Growth

Nov 28
Companies Like Technical Olympic (ATH:OLYMP) Can Afford To Invest In Growth

Financial Position Analysis

Short Term Liabilities: OLYMP's short term assets (€78.1M) exceed its short term liabilities (€16.0M).

Long Term Liabilities: OLYMP's short term assets (€78.1M) exceed its long term liabilities (€21.2M).


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 9.2% to 4.1% 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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