Tharisa Balance Sheet Health
Financial Health criteria checks 6/6
Tharisa has a total shareholder equity of $675.2M and total debt of $136.9M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are $1.1B and $412.9M respectively. Tharisa's EBIT is $101.7M making its interest coverage ratio 89. It has cash and short-term investments of $278.8M.
Key information
20.3%
Debt to equity ratio
US$136.94m
Debt
Interest coverage ratio | 89x |
Cash | US$278.80m |
Equity | US$675.18m |
Total liabilities | US$412.87m |
Total assets | US$1.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7YZ's short term assets ($455.3M) exceed its short term liabilities ($207.1M).
Long Term Liabilities: 7YZ's short term assets ($455.3M) exceed its long term liabilities ($205.8M).
Debt to Equity History and Analysis
Debt Level: 7YZ has more cash than its total debt.
Reducing Debt: 7YZ's debt to equity ratio has reduced from 22% to 20.3% over the past 5 years.
Debt Coverage: 7YZ's debt is well covered by operating cash flow (108.3%).
Interest Coverage: 7YZ's interest payments on its debt are well covered by EBIT (89x coverage).