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Spain
In shortTubacex, S.a. is loss-making, burns cash and carries moderate debt, with revenue shrinking (−6.3% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 1.2% | 21/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -4.3% | 3/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -9.3% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 0.9% | 6/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.22× | 35/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.74× | 15/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 4.84× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 0.31× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -1.9% | 12/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 2 of 5 | 25/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 5 | 60/100 |
|---|---|---|
| Years of revenue decline (last 5) | 3 of 5 | 0/100 |
| Revenue growth volatility | 53.8% | 0/100 |
| Operating margin volatility | 7.6% | 40/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 0.2% | 18/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
EUR millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 342 | 715 | 852 | 768 | 719 |
| Operating income | (31) | 44 | 81 | 64 | 8.9 |
| Interest expense | 15 | 23 | 33 | 38 | 28 |
| Pre-tax income | (42) | 27 | 50 | 30 | (23) |
| Income tax | (3.5) | 3.8 | 6.8 | 4.8 | 0.7 |
| Net income | (32) | 20 | 36 | 23 | (31) |
| Diluted EPS | −€0.25 | €0.16 | €0.29 | €0.18 | −€0.25 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
2/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice.
Latest annual report: Dec 31, 2025 · Data updated Feb 27, 2026