Tesmec Balance Sheet Health
Financial Health criteria checks 3/6
Tesmec has a total shareholder equity of €73.7M and total debt of €185.7M, which brings its debt-to-equity ratio to 252.2%. Its total assets and total liabilities are €435.8M and €362.2M respectively. Tesmec's EBIT is €10.9M making its interest coverage ratio 0.6. It has cash and short-term investments of €17.5M.
Key information
252.2%
Debt to equity ratio
€185.74m
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
Tesmec S.p.A. (BIT:TES) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Nov 27Is 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's net debt to equity ratio (228.4%) is considered high.
Reducing Debt: TES's debt to equity ratio has reduced from 282.4% to 252.2% over the past 5 years.
Debt Coverage: TES's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: TES's interest payments on its debt are not well covered by EBIT (0.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 08:08 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| 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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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
Tesmec S.p.A. is covered by 2 analysts. 1 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 |
|---|---|
| Fabrizio Spagna | Axia Financial Research |
| Enrico Coco | Intermonte SIM S.p.A. |