Tesmec Balance Sheet Health
Financial Health criteria checks 3/6
Tesmec has a total shareholder equity of €73.7M and total debt of €185.7M, which brings its debt-to-equity ratio to 252.2%. Its total assets and total liabilities are €435.8M and €362.2M respectively. Tesmec's EBIT is €10.9M making its interest coverage ratio 0.6. It has cash and short-term investments of €17.5M.
Key information
252.2%
Debt to equity ratio
€185.74m
Debt
| Interest coverage ratio | 0.6x |
| Cash | €17.52m |
| Equity | €73.65m |
| Total liabilities | €362.18m |
| Total assets | €435.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSMC.F's short term assets (€276.8M) exceed its short term liabilities (€232.7M).
Long Term Liabilities: TSMC.F's short term assets (€276.8M) exceed its long term liabilities (€129.5M).
Debt to Equity History and Analysis
Debt Level: TSMC.F's net debt to equity ratio (228.4%) is considered high.
Reducing Debt: TSMC.F's debt to equity ratio has reduced from 282.4% to 252.2% over the past 5 years.
Debt Coverage: TSMC.F's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: TSMC.F's interest payments on its debt are not well covered by EBIT (0.6x coverage).