Theon International Balance Sheet Health
Financial Health criteria checks 5/6
Theon International has a total shareholder equity of €195.7M and total debt of €64.3M, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are €323.1M and €127.5M respectively. Theon International's EBIT is €81.5M making its interest coverage ratio 89.5. It has cash and short-term investments of €112.8M.
Key information
32.9%
Debt to equity ratio
€64.30m
Debt
| Interest coverage ratio | 89.5x |
| Cash | €112.83m |
| Equity | €195.66m |
| Total liabilities | €127.46m |
| Total assets | €323.12m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: THEON's short term assets (€289.0M) exceed its short term liabilities (€84.6M).
Long Term Liabilities: THEON's short term assets (€289.0M) exceed its long term liabilities (€42.8M).
Debt to Equity History and Analysis
Debt Level: THEON has more cash than its total debt.
Reducing Debt: THEON's debt to equity ratio has reduced from 270% to 32.9% over the past 5 years.
Debt Coverage: THEON's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: THEON's interest payments on its debt are well covered by EBIT (89.5x coverage).