Tigné Mall Balance Sheet Health
Financial Health criteria checks 4/6
Tigné Mall has a total shareholder equity of €61.4M and total debt of €7.0M, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are €92.0M and €30.6M respectively. Tigné Mall's EBIT is €5.4M making its interest coverage ratio 13.4. It has cash and short-term investments of €3.1M.
Key information
11.5%
Debt to equity ratio
€7.04m
Debt
| Interest coverage ratio | 13.4x |
| Cash | €3.06m |
| Equity | €61.43m |
| Total liabilities | €30.57m |
| Total assets | €92.00m |
Recent financial health updates
Does Tigné Mall (MTSE:TML) Have A Healthy Balance Sheet?
Dec 23
Does Tigné Mall (MTSE:TML) Have A Healthy Balance Sheet?
Aug 31We Think Tigné Mall (MTSE:TML) Is Taking Some Risk With Its Debt
Nov 25Recent updates
Tigné Mall (MTSE:TML) Will Pay A Larger Dividend Than Last Year At €1.45
Apr 28Tigné Mall (MTSE:TML) Is Paying Out A Dividend Of €0.0136
Aug 14Tigné Mall (MTSE:TML) Is Increasing Its Dividend To €0.0136
Apr 21Does Tigné Mall (MTSE:TML) Have A Healthy Balance Sheet?
Dec 23Tigné Mall (MTSE:TML) Has Announced A Dividend Of €0.013
Aug 09Estimating The Fair Value Of Tigné Mall p.l.c. (MTSE:TML)
Nov 28Does Tigné Mall (MTSE:TML) Have A Healthy Balance Sheet?
Aug 31Calculating The Fair Value Of Tigné Mall p.l.c. (MTSE:TML)
Jul 20Tigné Mall p.l.c.'s (MTSE:TML) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Jan 17
We Think Tigné Mall (MTSE:TML) Is Taking Some Risk With Its Debt
Nov 25Financial Position Analysis
Short Term Liabilities: TML's short term assets (€7.3M) do not cover its short term liabilities (€7.3M).
Long Term Liabilities: TML's short term assets (€7.3M) do not cover its long term liabilities (€23.2M).
Debt to Equity History and Analysis
Debt Level: TML's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: TML's debt to equity ratio has reduced from 41.8% to 11.5% over the past 5 years.
Debt Coverage: TML's debt is well covered by operating cash flow (77.7%).
Interest Coverage: TML's interest payments on its debt are well covered by EBIT (13.4x coverage).