Technip Energies Balance Sheet Health
Financial Health criteria checks 6/6
Technip Energies has a total shareholder equity of €2.0B and total debt of €767.4M, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are €9.0B and €7.0B respectively. Technip Energies's EBIT is €512.1M making its interest coverage ratio -3.7. It has cash and short-term investments of €3.3B.
Key information
37.8%
Debt to equity ratio
€767.40m
Debt
| Interest coverage ratio | -3.7x |
| Cash | €3.32b |
| Equity | €2.03b |
| Total liabilities | €6.97b |
| Total assets | €9.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THNP.F's short term assets (€6.0B) exceed its short term liabilities (€5.8B).
Long Term Liabilities: THNP.F's short term assets (€6.0B) exceed its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: THNP.F has more cash than its total debt.
Reducing Debt: THNP.F's debt to equity ratio has reduced from 61.5% to 37.8% over the past 5 years.
Debt Coverage: THNP.F's debt is well covered by operating cash flow (72.4%).
Interest Coverage: THNP.F earns more interest than it pays, so coverage of interest payments is not a concern.