Toscana Aeroporti Balance Sheet Health
Financial Health criteria checks 2/6
Toscana Aeroporti has a total shareholder equity of €111.7M and total debt of €87.8M, which brings its debt-to-equity ratio to 78.5%. Its total assets and total liabilities are €289.0M and €177.3M respectively. Toscana Aeroporti's EBIT is €30.7M making its interest coverage ratio 5.9. It has cash and short-term investments of €19.8M.
Key information
78.5%
Debt to equity ratio
€87.77m
Debt
| Interest coverage ratio | 5.9x |
| Cash | €19.84m |
| Equity | €111.75m |
| Total liabilities | €177.29m |
| Total assets | €289.04m |
Recent financial health updates
Here's Why Toscana Aeroporti (BIT:TYA) Can Afford Some Debt
May 11
Does Toscana Aeroporti (BIT:TYA) Have A Healthy Balance Sheet?
Nov 24Recent updates
One Toscana Aeroporti S.p.A. (BIT:TYA) Analyst Just Made A Major Cut To Next Year's Estimates
Mar 26News Flash: One Analyst Just Made A Captivating Upgrade To Their Toscana Aeroporti S.p.A. (BIT:TYA) Forecasts
Mar 12We Think That There Are Issues Underlying Toscana Aeroporti's (BIT:TYA) Earnings
Sep 17Here's Why Toscana Aeroporti (BIT:TYA) Can Afford Some Debt
May 11Need To Know: One Analyst Is Much More Bullish On Toscana Aeroporti S.p.A. (BIT:TYA) Revenues
Mar 07What Type Of Returns Would Toscana Aeroporti's(BIT:TYA) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Jan 20
Does Toscana Aeroporti (BIT:TYA) Have A Healthy Balance Sheet?
Nov 24Financial Position Analysis
Short Term Liabilities: TYA's short term assets (€55.1M) do not cover its short term liabilities (€61.2M).
Long Term Liabilities: TYA's short term assets (€55.1M) do not cover its long term liabilities (€116.1M).
Debt to Equity History and Analysis
Debt Level: TYA's net debt to equity ratio (60.8%) is considered high.
Reducing Debt: TYA's debt to equity ratio has increased from 53.1% to 78.5% over the past 5 years.
Debt Coverage: TYA's debt is well covered by operating cash flow (30.6%).
Interest Coverage: TYA's interest payments on its debt are well covered by EBIT (5.9x coverage).