Technical Publications Service Balance Sheet Health
Financial Health criteria checks 6/6
Technical Publications Service has a total shareholder equity of €31.1M and total debt of €412.7K, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are €52.2M and €21.0M respectively. Technical Publications Service's EBIT is €5.5M making its interest coverage ratio -128.2. It has cash and short-term investments of €14.6M.
Key information
1.3%
Debt to equity ratio
€412.66k
Debt
| Interest coverage ratio | -128.2x |
| Cash | €14.56m |
| Equity | €31.15m |
| Total liabilities | €21.00m |
| Total assets | €52.15m |
Recent financial health updates
Recent updates
We Think That There Are More Issues For Technical Publications Service (BIT:TPS) Than Just Sluggish Earnings
Apr 20
Technical Publications Service's (BIT:TPS) Returns On Capital Not Reflecting Well On The Business
Jan 03Investors Could Be Concerned With Technical Publications Service's (BIT:TPS) Returns On Capital
May 27Some Investors May Be Worried About Technical Publications Service's (BIT:TPS) Returns On Capital
Sep 22Here's Why Technical Publications Service (BIT:TPS) Can Manage Its Debt Responsibly
May 11Returns On Capital Signal Tricky Times Ahead For Technical Publications Service (BIT:TPS)
Mar 31Is Technical Publications Service S.p.A.'s (BIT:TPS) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Feb 23The Returns At Technical Publications Service (BIT:TPS) Provide Us With Signs Of What's To Come
Dec 23Is Technical Publications Service S.p.A.'s(BIT:TPS) Recent Stock Performance Tethered To Its Strong Fundamentals?
Nov 24
Financial Position Analysis
Short Term Liabilities: TPS's short term assets (€41.1M) exceed its short term liabilities (€12.4M).
Long Term Liabilities: TPS's short term assets (€41.1M) exceed its long term liabilities (€8.6M).
Debt to Equity History and Analysis
Debt Level: TPS has more cash than its total debt.
Reducing Debt: TPS's debt to equity ratio has reduced from 14.4% to 1.3% over the past 5 years.
Debt Coverage: TPS's debt is well covered by operating cash flow (645.2%).
Interest Coverage: TPS earns more interest than it pays, so coverage of interest payments is not a concern.