Taylor Morrison Home Balance Sheet Health
Financial Health criteria checks 6/6
Taylor Morrison Home has a total shareholder equity of $5.3B and total debt of $2.0B, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are $8.7B and $3.3B respectively. Taylor Morrison Home's EBIT is $1.1B making its interest coverage ratio -84.7. It has cash and short-term investments of $798.6M.
Key information
37.8%
Debt to equity ratio
US$2.02b
Debt
Interest coverage ratio | -84.7x |
Cash | US$798.57m |
Equity | US$5.33b |
Total liabilities | US$3.34b |
Total assets | US$8.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THM's short term assets ($7.1B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: THM's short term assets ($7.1B) exceed its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: THM's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: THM's debt to equity ratio has reduced from 91.4% to 37.8% over the past 5 years.
Debt Coverage: THM's debt is well covered by operating cash flow (40%).
Interest Coverage: THM earns more interest than it pays, so coverage of interest payments is not a concern.