Twin Disc Balance Sheet Health
Financial Health criteria checks 6/6
Twin Disc has a total shareholder equity of $158.0M and total debt of $29.8M, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are $323.5M and $165.5M respectively. Twin Disc's EBIT is $12.4M making its interest coverage ratio 7.3. It has cash and short-term investments of $16.8M.
Key information
18.9%
Debt to equity ratio
US$29.79m
Debt
| Interest coverage ratio | 7.3x |
| Cash | US$16.82m |
| Equity | US$158.02m |
| Total liabilities | US$165.53m |
| Total assets | US$323.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TWN's short term assets ($230.2M) exceed its short term liabilities ($103.4M).
Long Term Liabilities: TWN's short term assets ($230.2M) exceed its long term liabilities ($62.2M).
Debt to Equity History and Analysis
Debt Level: TWN's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: TWN's debt to equity ratio has reduced from 29.1% to 18.9% over the past 5 years.
Debt Coverage: TWN's debt is well covered by operating cash flow (65.7%).
Interest Coverage: TWN's interest payments on its debt are well covered by EBIT (7.3x coverage).