Toll Brothers Balance Sheet Health
Financial Health criteria checks 6/6
Toll Brothers has a total shareholder equity of $7.0B and total debt of $2.7B, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are $12.5B and $5.5B respectively. Toll Brothers's EBIT is $1.8B making its interest coverage ratio -48.3. It has cash and short-term investments of $754.8M.
Key information
38.7%
Debt to equity ratio
US$2.72b
Debt
Interest coverage ratio | -48.3x |
Cash | US$754.79m |
Equity | US$7.04b |
Total liabilities | US$5.49b |
Total assets | US$12.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TLK's short term assets ($10.7B) exceed its short term liabilities ($2.3B).
Long Term Liabilities: TLK's short term assets ($10.7B) exceed its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: TLK's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: TLK's debt to equity ratio has reduced from 73.8% to 38.7% over the past 5 years.
Debt Coverage: TLK's debt is well covered by operating cash flow (48.4%).
Interest Coverage: TLK earns more interest than it pays, so coverage of interest payments is not a concern.