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 €785.2M, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are €8.7B and €6.7B respectively. Technip Energies's EBIT is €458.4M making its interest coverage ratio -4. It has cash and short-term investments of €3.1B.
Key information
39.6%
Debt to equity ratio
€785.20m
Debt
| Interest coverage ratio | -4x |
| Cash | €3.12b |
| Equity | €1.98b |
| Total liabilities | €6.69b |
| Total assets | €8.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THNP.F's short term assets (€5.7B) exceed its short term liabilities (€5.5B).
Long Term Liabilities: THNP.F's short term assets (€5.7B) 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 60.6% to 39.6% over the past 5 years.
Debt Coverage: THNP.F's debt is well covered by operating cash flow (30.9%).
Interest Coverage: THNP.F earns more interest than it pays, so coverage of interest payments is not a concern.