Tesmec Balance Sheet Health
Financial Health criteria checks 6/6
Tesmec has a total shareholder equity of €73.7M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €435.8M and €362.2M respectively. Tesmec's EBIT is €10.2M making its interest coverage ratio 0.6. It has cash and short-term investments of €17.5M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 0.6x |
| Cash | €17.52m |
| Equity | €73.65m |
| Total liabilities | €362.18m |
| Total assets | €435.83m |
Recent financial health updates
Is Tesmec (BIT:TES) Using Too Much Debt?
Mar 16
Is Tesmec (BIT:TES) Using Too Much Debt?
Aug 05Is Tesmec (BIT:TES) A Risky Investment?
Apr 29Does Tesmec (BIT:TES) Have A Healthy Balance Sheet?
Jan 06Is Tesmec (BIT:TES) Using Too Much Debt?
Mar 17Recent updates
Is Tesmec (BIT:TES) Using Too Much Debt?
Mar 16Is Tesmec (BIT:TES) Using Too Much Debt?
Aug 05Is Tesmec (BIT:TES) A Risky Investment?
Apr 29Does Tesmec (BIT:TES) Have A Healthy Balance Sheet?
Jan 06Is Tesmec (BIT:TES) Using Too Much Debt?
Mar 17Tesmec's (BIT:TES) Shareholders Are Down 84% On Their Shares
Jan 15Financial Position Analysis
Short Term Liabilities: TES's short term assets (€276.8M) exceed its short term liabilities (€232.7M).
Long Term Liabilities: TES's short term assets (€276.8M) exceed its long term liabilities (€129.5M).
Debt to Equity History and Analysis
Debt Level: TES is debt free.
Reducing Debt: TES has no debt compared to 5 years ago when its debt to equity ratio was 282.4%.
Debt Coverage: TES has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TES has no debt, therefore coverage of interest payments is not a concern.