Tessenderlo Group Balance Sheet Health
Financial Health criteria checks 6/6
Tessenderlo Group has a total shareholder equity of €2.0B and total debt of €202.6M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are €3.1B and €1.1B respectively. Tessenderlo Group's EBIT is €236.2M making its interest coverage ratio 44.6. It has cash and short-term investments of €220.7M.
Key information
10.4%
Debt to equity ratio
€202.60m
Debt
Interest coverage ratio | 44.6x |
Cash | €220.70m |
Equity | €1.95b |
Total liabilities | €1.11b |
Total assets | €3.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSDO.F's short term assets (€1.4B) exceed its short term liabilities (€612.0M).
Long Term Liabilities: TSDO.F's short term assets (€1.4B) exceed its long term liabilities (€502.1M).
Debt to Equity History and Analysis
Debt Level: TSDO.F has more cash than its total debt.
Reducing Debt: TSDO.F's debt to equity ratio has reduced from 39% to 10.4% over the past 5 years.
Debt Coverage: TSDO.F's debt is well covered by operating cash flow (103.9%).
Interest Coverage: TSDO.F's interest payments on its debt are well covered by EBIT (44.6x coverage).