Assets

The company's long-term assets, comprising property, plant, and equipment, as well as intangible assets, appear to be relatively stable, with minimal additions and disposals in the current period, suggesting a cautious approach to capital expenditures. In contrast, the company's short-term assets, including cash and cash equivalents, have shown a significant increase, indicating a potential shift towards liquidity and flexibility in managing its finances. Overall, the company's total assets have remained relatively stable, with a slight decrease in the current period, suggesting a focus on maintaining a balanced asset base while investing in strategic initiatives.

Inventory

The realised value for Q2 2026 is 46.5 million Euros, and the predicted value for Q2 2027 (e) is 48.4 million Euros. The expected change in one year is 1.9 million Euros, which represents a 4.1% increase. The change in inventory from 2025 to 2026 is a decrease of 0.5 million Euros, which is a 1.1% drop. The change from 2026 to 2027 is an increase of 2.5 million Euros, which is a 5.6% rise. The year-end inventory values for 2025, 2026, and 2027 are 45.8, 45.3, and 47.8 million Euros, respectively.

Account Receivables

The accounts receivable for Q2 2026 is 30.2 million Euros, and for Q2 2027 (e) it is 32.3 million Euros. The change in accounts receivable from Q2 2026 to Q2 2027 (e) is 2.1 million Euros, which represents a 6.9% increase. The change in Accounts receivable from 2025 to 2026 is a decrease of 4.5 million Euros, which is a 12.3% drop. From 2026 to 2027, the change is a decrease of 0.2 million Euros, which is a 0.6% drop. The year-end values for Accounts receivable are 36.8 million Euros in 2025, 32.3 million Euros in 2026, and 32.3 million Euros in 2027.

The realised value for Q2 2026 is 39.6 million Euros, while the predicted value for Q2 2027 (e) is 173.6 million Euros. The predicted value for Q2 2027 (e) is an increase of 134 million Euros, or 338% compared to the realised value for Q2 2026. The change in Tallink Cash from 2025 to 2026 is 67.8 million Euros, representing a 508% increase. From 2026 to 2027, the change is 144.2 million Euros, a 177% increase. The year-end values for Cash are 13.5 million Euros in 2025, 81.3 million Euros in 2026, and 226.5 million Euros in 2027.

Shareholders Equity

The company's Shareholders' Equity has been steadily increasing over the past year, driven by a combination of retained earnings and a relatively stable equity base. However, the recent decline in Shareholders' Equity is a cause for concern, suggesting that the company may be experiencing some underlying financial challenges that are impacting its ability to generate profits. A closer examination of the company's financial statements is warranted to understand the root causes of this trend and assess the potential implications for future financial performance.

The value of Tallink Equity at the end of Q2 2026 is 681.7 million Euros. The predicted value of Tallink Equity at the end of Q2 2027 (e) is 734.2 million Euros. Tallink Equity is expected to increase by 52.5 million Euros in one year, which is a 7.7% change from the Q2 2026 value. The equity value is expected to decrease by 41.9 million Euros from 2025 to 2026, which is a 5.6% decrease. From 2026 to 2027, the equity value is expected to increase by 79.2 million Euros, which is a 12.1% increase. The year-end values for Equity are 750.1 million Euros in 2025, 709.2 million Euros in 2026, and 788.4 million Euros in 2027.

*Future dividents are not included in prediction

Debt

The company's reliance on long-term debt appears to be a concern, as it has increased significantly over the past year, potentially limiting its flexibility to respond to changing market conditions. Conversely, the short-term debt has decreased, indicating a reduction in the company's reliance on immediate liquidity sources, which could be a positive trend. However, the gearing ratio and equity ratio suggest that the company's capital structure is still heavily weighted towards debt, which may require careful management to maintain a stable financial position.

Account Payables

The realised value of Tallink Accounts payables in Q2 2026 is 112.4 million Euros, while the predicted value for Q2 2027 (e) is 101.3 million Euros. The expected change in one year is a decrease of 11.1 million Euros, which translates to a percentage decrease of approximately 9.9%. The Accounts payables for 2025 is 97.3 million Euros. The change from 2025 to 2026 is 1.4 million Euros, which is a 1.4% increase. The change from 2026 to 2027 is -6.5 million Euros, which is a -6.5% decrease. The year-end values for Accounts payables are 97.3 million Euros in 2025, 98.7 million Euros in 2026, and 92.2 million Euros in 2027.

Net Debt

The Net Debt for Q2 2026 is 409.6 million Euros, and the predicted Net Debt for Q2 2027 (e) is 275.6 million Euros. The expected change in Net Debt from Q2 2026 to Q2 2027 (e) is a decrease of 134 million Euros, which is a 32.7% reduction. The Net Debt is expected to decrease by 64.5 million Euros from 2025 to 2026, which is a 14.8% reduction. From 2026 to 2027, the Net Debt is expected to decrease by 145.1 million Euros, which is a 39.5% reduction. The year-end Net Debt values for 2025, 2026, and 2027 are 432.4, 367.9, and 222.8 million Euros, respectively.