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
CHF13.28m
Debt
| Interest coverage ratio | -216.2x |
| Cash | CHF14.04m |
| Equity | CHF109.39m |
| Total liabilities | CHF57.27m |
| Total assets | CHF166.66m |
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
Tornos Holding (VTX:TOHN) Is Carrying A Fair Bit Of Debt
Apr 01Introducing Tornos Holding (VTX:TOHN), A Stock That Climbed 95% In The Last Five Years
Feb 25What Percentage Of Tornos Holding AG (VTX:TOHN) Shares Do Insiders Own?
Jan 21
Something To Consider Before Buying Tornos Holding AG (VTX:TOHN) For The 6.7% Dividend
Dec 10Financial 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.