Telesia Balance Sheet Health
Financial Health criteria checks 2/6
Telesia has a total shareholder equity of €14.8M and total debt of €9.9M, which brings its debt-to-equity ratio to 66.9%. Its total assets and total liabilities are €39.6M and €24.8M respectively. Telesia's EBIT is €107.0K making its interest coverage ratio 0.3. It has cash and short-term investments of €3.3M.
Key information
66.9%
Debt to equity ratio
€9.90m
Debt
Interest coverage ratio | 0.3x |
Cash | €3.35m |
Equity | €14.80m |
Total liabilities | €24.76m |
Total assets | €39.56m |
Financial Position Analysis
Short Term Liabilities: TLS's short term assets (€21.3M) exceed its short term liabilities (€14.1M).
Long Term Liabilities: TLS's short term assets (€21.3M) exceed its long term liabilities (€10.7M).
Debt to Equity History and Analysis
Debt Level: TLS's net debt to equity ratio (44.3%) is considered high.
Reducing Debt: TLS's debt to equity ratio has increased from 0% to 66.9% over the past 5 years.
Debt Coverage: TLS's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: TLS's interest payments on its debt are not well covered by EBIT (0.3x coverage).