Turning Point Brands Balance Sheet Health
Financial Health criteria checks 4/6
Turning Point Brands has a total shareholder equity of $161.2M and total debt of $365.9M, which brings its debt-to-equity ratio to 227%. Its total assets and total liabilities are $586.3M and $425.2M respectively. Turning Point Brands's EBIT is $85.7M making its interest coverage ratio 5.7. It has cash and short-term investments of $130.9M.
Key information
227.0%
Debt to equity ratio
US$365.89m
Debt
Interest coverage ratio | 5.7x |
Cash | US$130.90m |
Equity | US$161.16m |
Total liabilities | US$425.16m |
Total assets | US$586.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0T5's short term assets ($279.0M) exceed its short term liabilities ($109.3M).
Long Term Liabilities: 0T5's short term assets ($279.0M) do not cover its long term liabilities ($315.9M).
Debt to Equity History and Analysis
Debt Level: 0T5's net debt to equity ratio (145.8%) is considered high.
Reducing Debt: 0T5's debt to equity ratio has reduced from 234.6% to 227% over the past 5 years.
Debt Coverage: 0T5's debt is well covered by operating cash flow (20.3%).
Interest Coverage: 0T5's interest payments on its debt are well covered by EBIT (5.7x coverage).