Technogym Balance Sheet Health
Financial Health criteria checks 6/6
Technogym has a total shareholder equity of €363.7M and total debt of €58.4M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are €818.3M and €454.6M respectively. Technogym's EBIT is €99.1M making its interest coverage ratio -23.9. It has cash and short-term investments of €224.7M.
Key information
16.1%
Debt to equity ratio
€58.41m
Debt
| Interest coverage ratio | -23.9x |
| Cash | €224.73m |
| Equity | €363.71m |
| Total liabilities | €454.60m |
| Total assets | €818.31m |
Recent financial health updates
Does Technogym (BIT:TGYM) Have A Healthy Balance Sheet?
Sep 22
These 4 Measures Indicate That Technogym (BIT:TGYM) Is Using Debt Safely
Jun 09Is Technogym (BIT:TGYM) Using Too Much Debt?
Dec 21Here's Why Technogym (BIT:TGYM) Can Manage Its Debt Responsibly
Sep 20Technogym (BIT:TGYM) Seems To Use Debt Rather Sparingly
Jun 11Is Technogym (BIT:TGYM) Using Too Much Debt?
Dec 28Recent updates
Technogym (BIT:TGYM) Is Paying Out A Larger Dividend Than Last Year
Apr 25Technogym (BIT:TGYM) Is Increasing Its Dividend To €0.26
Mar 29Is Now An Opportune Moment To Examine Technogym S.p.A. (BIT:TGYM)?
Feb 28Technogym (BIT:TGYM) May Have Issues Allocating Its Capital
Jan 30Technogym S.p.A.'s (BIT:TGYM) Shareholders Might Be Looking For Exit
Dec 20Is Now An Opportune Moment To Examine Technogym S.p.A. (BIT:TGYM)?
Nov 03Here's What's Concerning About Technogym's (BIT:TGYM) Returns On Capital
Oct 19Does Technogym (BIT:TGYM) Have A Healthy Balance Sheet?
Sep 22Does This Valuation Of Technogym S.p.A. (BIT:TGYM) Imply Investors Are Overpaying?
Sep 06Technogym (BIT:TGYM) Is Reinvesting At Lower Rates Of Return
Jun 24These 4 Measures Indicate That Technogym (BIT:TGYM) Is Using Debt Safely
Jun 09When Should You Buy Technogym S.p.A. (BIT:TGYM)?
May 05Technogym (BIT:TGYM) Is Increasing Its Dividend To €0.25
Apr 02Technogym (BIT:TGYM) May Have Issues Allocating Its Capital
Jan 26Is Technogym (BIT:TGYM) Using Too Much Debt?
Dec 21Is Technogym S.p.A. (BIT:TGYM) Expensive For A Reason? A Look At Its Intrinsic Value
Dec 03Capital Allocation Trends At Technogym (BIT:TGYM) Aren't Ideal
Oct 22Here's Why Technogym (BIT:TGYM) Can Manage Its Debt Responsibly
Sep 20A Look At The Fair Value Of Technogym S.p.A. (BIT:TGYM)
Aug 16At €6.96, Is Technogym S.p.A. (BIT:TGYM) Worth Looking At Closely?
Aug 02Technogym (BIT:TGYM) Will Want To Turn Around Its Return Trends
Jul 15Technogym (BIT:TGYM) Seems To Use Debt Rather Sparingly
Jun 11Is Technogym S.p.A. (BIT:TGYM) Worth €7.6 Based On Its Intrinsic Value?
May 04Is It Time To Consider Buying Technogym S.p.A. (BIT:TGYM)?
Apr 12Does This Valuation Of Technogym S.p.A. (BIT:TGYM) Imply Investors Are Overpaying?
Jan 12Is Technogym (BIT:TGYM) Using Too Much Debt?
Dec 28When Should You Buy Technogym S.p.A. (BIT:TGYM)?
Dec 08Technogym's (BIT:TGYM) Returns On Capital Not Reflecting Well On The Business
Sep 19Does Technogym (BIT:TGYM) Have A Healthy Balance Sheet?
Sep 05Is It Too Late To Consider Buying Technogym S.p.A. (BIT:TGYM)?
Aug 20Returns On Capital At Technogym (BIT:TGYM) Paint A Concerning Picture
Jun 09Do Investors Have Good Reason To Be Wary Of Technogym S.p.A.'s (BIT:TGYM) 1.9% Dividend Yield?
May 11Technogym's (BIT:TGYM) Conservative Accounting Might Explain Soft Earnings
Mar 31Is It Time To Consider Buying Technogym S.p.A. (BIT:TGYM)?
Mar 26Do Institutions Own Technogym S.p.A. (BIT:TGYM) Shares?
Feb 23Is Technogym S.p.A.'s (BIT:TGYM) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Jan 26Technogym's (BIT:TGYM) Stock Price Has Reduced 20% In The Past Year
Dec 31What Does Technogym S.p.A.'s (BIT:TGYM) Share Price Indicate?
Dec 09
Financial Position Analysis
Short Term Liabilities: TGYM's short term assets (€480.7M) exceed its short term liabilities (€322.5M).
Long Term Liabilities: TGYM's short term assets (€480.7M) exceed its long term liabilities (€132.1M).
Debt to Equity History and Analysis
Debt Level: TGYM has more cash than its total debt.
Reducing Debt: TGYM's debt to equity ratio has reduced from 54.3% to 16.1% over the past 5 years.
Debt Coverage: TGYM's debt is well covered by operating cash flow (182.9%).
Interest Coverage: TGYM earns more interest than it pays, so coverage of interest payments is not a concern.