Tornos Holding Balance Sheet Health
Financial Health criteria checks 4/6
Tornos Holding has a total shareholder equity of CHF109.4M and total debt of CHF13.3M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are CHF166.7M and CHF57.3M respectively. Tornos Holding's EBIT is CHF16.2M making its interest coverage ratio -216.2. It has cash and short-term investments of CHF14.0M.
Key information
12.1%
Debt to equity ratio
CHF 13.28m
Debt
| Interest coverage ratio | -216.2x |
| Cash | CHF 14.04m |
| Equity | CHF 109.39m |
| Total liabilities | CHF 57.27m |
| Total assets | CHF 166.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOHNZ's short term assets (CHF136.0M) exceed its short term liabilities (CHF47.9M).
Long Term Liabilities: TOHNZ's short term assets (CHF136.0M) exceed its long term liabilities (CHF9.3M).
Debt to Equity History and Analysis
Debt Level: TOHNZ has more cash than its total debt.
Reducing Debt: TOHNZ's debt to equity ratio has increased from 0% to 12.1% over the past 5 years.
Debt Coverage: TOHNZ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TOHNZ earns more interest than it pays, so coverage of interest payments is not a concern.