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Tyman Balance Sheet Health
Financial Health criteria checks 6/6
Tyman has a total shareholder equity of £525.6M and total debt of £172.0M, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are £867.6M and £342.0M respectively. Tyman's EBIT is £69.1M making its interest coverage ratio 6.6. It has cash and short-term investments of £63.7M.
Key information
32.7%
Debt to equity ratio
UK£172.00m
Debt
| Interest coverage ratio | 6.6x |
| Cash | UK£63.70m |
| Equity | UK£525.60m |
| Total liabilities | UK£342.00m |
| Total assets | UK£867.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TYMNl's short term assets (£273.0M) exceed its short term liabilities (£166.7M).
Long Term Liabilities: TYMNl's short term assets (£273.0M) exceed its long term liabilities (£175.3M).
Debt to Equity History and Analysis
Debt Level: TYMNl's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: TYMNl's debt to equity ratio has reduced from 60.2% to 32.7% over the past 5 years.
Debt Coverage: TYMNl's debt is well covered by operating cash flow (63.3%).
Interest Coverage: TYMNl's interest payments on its debt are well covered by EBIT (6.6x coverage).