Treasury Wine Estates Balance Sheet Health
Financial Health criteria checks 3/6
Treasury Wine Estates has a total shareholder equity of A$4.6B and total debt of A$1.6B, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are A$8.1B and A$3.5B respectively. Treasury Wine Estates's EBIT is A$287.9M making its interest coverage ratio 2.9. It has cash and short-term investments of A$458.1M.
Key information
35.7%
Debt to equity ratio
AU$1.65b
Debt
| Interest coverage ratio | 2.9x |
| Cash | AU$458.10m |
| Equity | AU$4.61b |
| Total liabilities | AU$3.50b |
| Total assets | AU$8.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TWE's short term assets (A$2.2B) exceed its short term liabilities (A$1.0B).
Long Term Liabilities: TWE's short term assets (A$2.2B) do not cover its long term liabilities (A$2.5B).
Debt to Equity History and Analysis
Debt Level: TWE's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: TWE's debt to equity ratio has increased from 29.9% to 35.7% over the past 5 years.
Debt Coverage: TWE's debt is well covered by operating cash flow (26.2%).
Interest Coverage: TWE's interest payments on its debt are not well covered by EBIT (2.9x coverage).