TIM Balance Sheet Health
Financial Health criteria checks 3/6
TIM has a total shareholder equity of R$25.2B and total debt of R$5.0B, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are R$56.6B and R$31.4B respectively. TIM's EBIT is R$3.6B making its interest coverage ratio 2.9. It has cash and short-term investments of R$3.9B.
Key information
19.6%
Debt to equity ratio
R$4.95b
Debt
| Interest coverage ratio | 2.9x |
| Cash | R$3.88b |
| Equity | R$25.22b |
| Total liabilities | R$31.38b |
| Total assets | R$56.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIMB N's short term assets (R$9.9B) do not cover its short term liabilities (R$13.4B).
Long Term Liabilities: TIMB N's short term assets (R$9.9B) do not cover its long term liabilities (R$18.0B).
Debt to Equity History and Analysis
Debt Level: TIMB N's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: TIMB N's debt to equity ratio has reduced from 21.4% to 19.6% over the past 5 years.
Debt Coverage: TIMB N's debt is well covered by operating cash flow (207.8%).
Interest Coverage: TIMB N's interest payments on its debt are not well covered by EBIT (2.9x coverage).