Tile Shop Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Tile Shop Holdings has a total shareholder equity of $119.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $316.7M and $197.0M respectively. Tile Shop Holdings's EBIT is $17.2M making its interest coverage ratio 7.9. It has cash and short-term investments of $8.6M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 7.9x |
Cash | US$8.62m |
Equity | US$119.69m |
Total liabilities | US$196.99m |
Total assets | US$316.67m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2TS's short term assets ($114.6M) exceed its short term liabilities ($78.7M).
Long Term Liabilities: 2TS's short term assets ($114.6M) do not cover its long term liabilities ($118.2M).
Debt to Equity History and Analysis
Debt Level: 2TS is debt free.
Reducing Debt: 2TS has no debt compared to 5 years ago when its debt to equity ratio was 36.2%.
Debt Coverage: 2TS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2TS has no debt, therefore coverage of interest payments is not a concern.