Technical Publications Service Financial Health
How is Technical Publications Service's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TPS's short term assets (€33.4M) exceed its short term liabilities (€8.3M).
Long Term Liabilities: TPS's short term assets (€33.4M) exceed its long term liabilities (€6.4M).
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 1.8% to 0.5% over the past 5 years.
Debt Coverage: TPS's debt is well covered by operating cash flow (5397.1%).
Interest Coverage: TPS's interest payments on its debt are well covered by EBIT (62x coverage).