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: 0QK0's short term assets (CHF136.0M) exceed its short term liabilities (CHF47.9M).
Long Term Liabilities: 0QK0's short term assets (CHF136.0M) exceed its long term liabilities (CHF9.3M).
Debt to Equity History and Analysis
Debt Level: 0QK0 has more cash than its total debt.
Reducing Debt: 0QK0's debt to equity ratio has increased from 0% to 12.1% over the past 5 years.
Debt Coverage: 0QK0's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0QK0 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/11 02:36 |
| End of Day Share Price | 2023/12/07 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tornos Holding AG is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jean-Philippe Bertschy | Bank Vontobel AG |
| Martin Wuermli | Berenberg |
| Alexander Koller | Zürcher Kantonalbank |