Turbomecanica Balance Sheet Health
Financial Health criteria checks 5/6
Turbomecanica has a total shareholder equity of RON149.5M and total debt of RON30.4M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are RON212.2M and RON62.7M respectively. Turbomecanica's EBIT is RON13.8M making its interest coverage ratio 11.9. It has cash and short-term investments of RON18.8M.
Key information
20.3%
Debt to equity ratio
RON30.36m
Debt
| Interest coverage ratio | 11.9x |
| Cash | RON18.78m |
| Equity | RON149.54m |
| Total liabilities | RON62.68m |
| Total assets | RON212.22m |
Recent financial health updates
Does Turbomecanica (BVB:TBM) Have A Healthy Balance Sheet?
Mar 02
Turbomecanica (BVB:TBM) Has A Somewhat Strained Balance Sheet
Apr 22Is Turbomecanica (BVB:TBM) Using Too Much Debt?
Dec 09
Recent updates
Estimating The Fair Value Of Turbomecanica SA (BVB:TBM)
Jan 09Does Turbomecanica (BVB:TBM) Have A Healthy Balance Sheet?
Mar 02Some Investors May Be Worried About Turbomecanica's (BVB:TBM) Returns On Capital
Oct 12Returns On Capital Signal Tricky Times Ahead For Turbomecanica (BVB:TBM)
Mar 16The Returns On Capital At Turbomecanica (BVB:TBM) Don't Inspire Confidence
Sep 05Turbomecanica (BVB:TBM) Has A Somewhat Strained Balance Sheet
Apr 22We're Watching These Trends At Turbomecanica (BVB:TBM)
Mar 15Is Turbomecanica SA's (BVB:TBM) Recent Performance Tethered To Its Attractive Financial Prospects?
Feb 03Should You Use Turbomecanica's (BVB:TBM) Statutory Earnings To Analyse It?
Jan 07Is Turbomecanica (BVB:TBM) Using Too Much Debt?
Dec 09Financial Position Analysis
Short Term Liabilities: TBM's short term assets (RON116.8M) exceed its short term liabilities (RON45.3M).
Long Term Liabilities: TBM's short term assets (RON116.8M) exceed its long term liabilities (RON17.3M).
Debt to Equity History and Analysis
Debt Level: TBM's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: TBM's debt to equity ratio has increased from 15.5% to 20.3% over the past 5 years.
Debt Coverage: TBM's debt is well covered by operating cash flow (125.8%).
Interest Coverage: TBM's interest payments on its debt are well covered by EBIT (11.9x coverage).