Taylor Wimpey Balance Sheet Health
Financial Health criteria checks 6/6
Taylor Wimpey has a total shareholder equity of £4.5B and total debt of £87.0M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are £6.3B and £1.7B respectively. Taylor Wimpey's EBIT is £466.5M making its interest coverage ratio -23.1. It has cash and short-term investments of £764.9M.
Key information
1.9%
Debt to equity ratio
UK£87.00m
Debt
Interest coverage ratio | -23.1x |
Cash | UK£764.90m |
Equity | UK£4.52b |
Total liabilities | UK£1.73b |
Total assets | UK£6.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TWW's short term assets (£6.1B) exceed its short term liabilities (£1.1B).
Long Term Liabilities: TWW's short term assets (£6.1B) exceed its long term liabilities (£602.1M).
Debt to Equity History and Analysis
Debt Level: TWW has more cash than its total debt.
Reducing Debt: TWW's debt to equity ratio has reduced from 2.8% to 1.9% over the past 5 years.
Debt Coverage: TWW's debt is well covered by operating cash flow (149%).
Interest Coverage: TWW earns more interest than it pays, so coverage of interest payments is not a concern.