Tornos Holding Balance Sheet Health

Financial Health criteria checks 4/6

Tornos Holding has a total shareholder equity of CHF109.4M and total debt of CHF13.3M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are CHF166.7M and CHF57.3M respectively. Tornos Holding's EBIT is CHF16.2M making its interest coverage ratio -216.2. It has cash and short-term investments of CHF14.0M.

Key information

12.1%

Debt to equity ratio

CHF 13.28m

Debt

Interest coverage ratio-216.2x
CashCHF 14.04m
EquityCHF 109.39m
Total liabilitiesCHF 57.27m
Total assetsCHF 166.66m

Recent financial health updates

Recent updates

Shareholders Will Probably Hold Off On Increasing Tornos Holding AG's (VTX:TOHN) CEO Compensation For The Time Being

Mar 30
Shareholders Will Probably Hold Off On Increasing Tornos Holding AG's (VTX:TOHN) CEO Compensation For The Time Being

Tornos Holding (VTX:TOHN) Is Carrying A Fair Bit Of Debt

Apr 01
Tornos Holding (VTX:TOHN) Is Carrying A Fair Bit Of Debt

Introducing Tornos Holding (VTX:TOHN), A Stock That Climbed 95% In The Last Five Years

Feb 25
Introducing Tornos Holding (VTX:TOHN), A Stock That Climbed 95% In The Last Five Years

What Percentage Of Tornos Holding AG (VTX:TOHN) Shares Do Insiders Own?

Jan 21
What Percentage Of Tornos Holding AG (VTX:TOHN) Shares Do Insiders Own?

Something To Consider Before Buying Tornos Holding AG (VTX:TOHN) For The 6.7% Dividend

Dec 10
Something To Consider Before Buying Tornos Holding AG (VTX:TOHN) For The 6.7% Dividend

Financial Position Analysis

Short Term Liabilities: TOHN's short term assets (CHF136.0M) exceed its short term liabilities (CHF47.9M).

Long Term Liabilities: TOHN's short term assets (CHF136.0M) exceed its long term liabilities (CHF9.3M).


Debt to Equity History and Analysis

Debt Level: TOHN has more cash than its total debt.

Reducing Debt: TOHN's debt to equity ratio has increased from 0% to 12.1% over the past 5 years.

Debt Coverage: TOHN's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: TOHN earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/11 00:33
End of Day Share Price 2023/12/07 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

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Analyst Sources

Tornos Holding AG is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jean-Philippe BertschyBank Vontobel AG
Martin WuermliBerenberg
Alexander KollerZürcher Kantonalbank