Toscana Aeroporti Balance Sheet Health
Financial Health criteria checks 2/6
Toscana Aeroporti has a total shareholder equity of €104.8M and total debt of €112.5M, which brings its debt-to-equity ratio to 107.3%. Its total assets and total liabilities are €308.0M and €203.3M respectively. Toscana Aeroporti's EBIT is €25.4M making its interest coverage ratio 4.5. It has cash and short-term investments of €31.4M.
Key information
107.3%
Debt to equity ratio
€112.46m
Debt
| Interest coverage ratio | 4.5x |
| Cash | €31.40m |
| Equity | €104.77m |
| Total liabilities | €203.25m |
| Total assets | €308.03m |
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 (€71.9M) do not cover its short term liabilities (€126.3M).
Long Term Liabilities: TYA's short term assets (€71.9M) do not cover its long term liabilities (€76.9M).
Debt to Equity History and Analysis
Debt Level: TYA's net debt to equity ratio (77.4%) is considered high.
Reducing Debt: TYA's debt to equity ratio has increased from 44.2% to 107.3% over the past 5 years.
Debt Coverage: TYA's debt is well covered by operating cash flow (24.7%).
Interest Coverage: TYA's interest payments on its debt are well covered by EBIT (4.5x coverage).