Tyro Payments Balance Sheet Health
Financial Health criteria checks 6/6
Tyro Payments has a total shareholder equity of A$207.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$451.5M and A$243.8M respectively. Tyro Payments's EBIT is A$48.4M making its interest coverage ratio 9.8. It has cash and short-term investments of A$85.5M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 9.8x |
| Cash | AU$85.48m |
| Equity | AU$207.67m |
| Total liabilities | AU$243.78m |
| Total assets | AU$451.46m |
Recent financial health updates
Recent updates
A Look At The Fair Value Of Tyro Payments Limited (ASX:TYR)
Jul 01
When Will Tyro Payments Limited (ASX:TYR) Become Profitable?
Mar 23Should You Review Recent Insider Transactions At Tyro Payments Limited (ASX:TYR)?
Feb 16
Tyro Payments' (ASX:TYR) Stock Price Has Reduced 15% In The Past Year
Jan 12Tyro Payments Limited's (ASX:TYR) Intrinsic Value Is Potentially 18% Below Its Share Price
Dec 10Here's Why We're Not Too Worried About Tyro Payments's (ASX:TYR) Cash Burn Situation
Jun 30Financial Position Analysis
Short Term Liabilities: TYR's short term assets (A$188.2M) exceed its short term liabilities (A$165.4M).
Long Term Liabilities: TYR's short term assets (A$188.2M) exceed its long term liabilities (A$78.4M).
Debt to Equity History and Analysis
Debt Level: TYR is debt free.
Reducing Debt: TYR has not had any debt for past 5 years.
Debt Coverage: TYR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TYR has no debt, therefore coverage of interest payments is not a concern.