Técnicas Reunidas Balance Sheet Health
Financial Health criteria checks 5/6
Técnicas Reunidas has a total shareholder equity of €563.6M and total debt of €651.6M, which brings its debt-to-equity ratio to 115.6%. Its total assets and total liabilities are €4.5B and €3.9B respectively. Técnicas Reunidas's EBIT is €168.2M making its interest coverage ratio -38.9. It has cash and short-term investments of €950.0M.
Key information
115.6%
Debt to equity ratio
€651.60m
Debt
| Interest coverage ratio | -38.9x |
| Cash | €950.00m |
| Equity | €563.60m |
| Total liabilities | €3.90b |
| Total assets | €4.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNIS.Y's short term assets (€3.9B) exceed its short term liabilities (€3.5B).
Long Term Liabilities: TNIS.Y's short term assets (€3.9B) exceed its long term liabilities (€443.6M).
Debt to Equity History and Analysis
Debt Level: TNIS.Y has more cash than its total debt.
Reducing Debt: TNIS.Y's debt to equity ratio has reduced from 162.1% to 115.6% over the past 5 years.
Debt Coverage: TNIS.Y's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: TNIS.Y earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/17 01:03 |
| End of Day Share Price | 2024/08/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Técnicas Reunidas, S.A. is covered by 40 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| César Sánchez-Grande Bergon | Ahorro Corporación |
| Pierre-Yves Gauthier | AlphaValue |
| Filipe Leite | Banco BPI, S.A. |