Tessenderlo Group NV

Brussels Stock Exchange TESB.BR

Tessenderlo Group NV Interest Coverage Ratio for the year ending December 31, 2023: 12.48

Tessenderlo Group NV Interest Coverage Ratio is 12.48 for the year ending December 31, 2023, a -61.73% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Tessenderlo Group NV Interest Coverage Ratio for the year ending December 31, 2022 was 32.60, a 52.07% change year over year.
  • Tessenderlo Group NV Interest Coverage Ratio for the year ending December 31, 2021 was 21.44, a 21.13% change year over year.
  • Tessenderlo Group NV Interest Coverage Ratio for the year ending December 31, 2020 was 17.70, a 94.58% change year over year.
  • Tessenderlo Group NV Interest Coverage Ratio for the year ending December 31, 2019 was 9.10, a -11.08% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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SV Wall Street
Brussels Stock Exchange: TESB.BR

Tessenderlo Group NV

CEO Mr. Luc Tack
IPO Date Jan. 4, 2000
Location Belgium
Headquarters Troonstraat 130 rue du TrOne
Employees 7,685
Sector Industrials
Industries
Description

Tessenderlo Group NV, together with its subsidiaries, engages in the agriculture, valorizing bio-residuals, energy, and industrial solution businesses worldwide. It operates through four segments: Agro, Bio-Valorization, Industrial Solutions, and T-Power. The Agro segment engages in the production, marketing, and trading of crop nutrients, including liquid crop and potassium sulfate fertilizers, as well as crop protection products. This segment offers its specialty fertilizers under the Thio-Sul, KTS, K-Row 23, CaTs, GranuPotasse, SoluPotasse, and K-Leaf brands; agriculture herbicides under the LINEX and VELPAR brand names; SEVIN, an agricultural insecticide; and SECTAGON, an agricultural fumigant. The Bio-Valorization segment produces, sells, and trades in gelatins and collagen peptides, and proteins and fats for food, pharma, health and nutrition, pet food, agriculture, aqua feed, animal feed, energy, biodiesel, oleo-chemistry, and sanitary markets. The Industrial Solutions segment is involved in the production, sale, and trading of plastic pipe systems; water treatment chemicals; and other industrial activities, such as the production and sale of mining and industrial auxiliaries, and delivery of services for the treatment and disposal of produced and flowback water from oil and gas exploration, as well as the recovery of industrial process fluids. The T-Power segment produces electricity through a combined cycle gas turbine of 425 MW capacity. It serves agriculture, food, industry, construction, health, and consumer goods end markets. The company was formerly known as Tessenderlo Chemie nv and changed its name to Tessenderlo Group NV in June 2017. The company was founded in 1919 and is headquartered in Brussels, Belgium. Tessenderlo Group NV is a subsidiary of Verbrugge NV.

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StockViz Staff

February 6, 2025

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