Tesmec Balance Sheet Health
Financial Health criteria checks 3/6
Tesmec has a total shareholder equity of €78.2M and total debt of €195.8M, which brings its debt-to-equity ratio to 250.3%. Its total assets and total liabilities are €440.1M and €361.9M respectively. Tesmec's EBIT is €10.1M making its interest coverage ratio 0.8. It has cash and short-term investments of €53.8M.
Key information
250.3%
Debt to equity ratio
€195.82m
Debt
Interest coverage ratio | 0.8x |
Cash | €53.75m |
Equity | €78.24m |
Total liabilities | €361.86m |
Total assets | €440.11m |
Recent financial health 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 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 (€283.3M) exceed its short term liabilities (€228.1M).
Long Term Liabilities: TES's short term assets (€283.3M) exceed its long term liabilities (€133.8M).
Debt to Equity History and Analysis
Debt Level: TES's net debt to equity ratio (181.6%) is considered high.
Reducing Debt: TES's debt to equity ratio has reduced from 296.7% to 250.3% over the past 5 years.
Debt Coverage: TES's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: TES's interest payments on its debt are not well covered by EBIT (0.8x coverage).