Tyman Balance Sheet Health
Financial Health criteria checks 6/6
Tyman has a total shareholder equity of £525.6M and total debt of £171.7M, 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 £68.3M making its interest coverage ratio 6.4. It has cash and short-term investments of £63.7M.
Key information
32.7%
Debt to equity ratio
UK£171.70m
Debt
Interest coverage ratio | 6.4x |
Cash | UK£63.70m |
Equity | UK£525.60m |
Total liabilities | UK£342.00m |
Total assets | UK£867.60m |
Recent financial health updates
Here's Why Tyman (LON:TYMN) Can Manage Its Debt Responsibly
Nov 11We Think Tyman (LON:TYMN) Can Manage Its Debt With Ease
Dec 02These 4 Measures Indicate That Tyman (LON:TYMN) Is Using Debt Safely
Sep 02Tyman (LON:TYMN) Has A Pretty Healthy Balance Sheet
Apr 16Recent updates
Tyman (LON:TYMN) Has Announced A Dividend Of £0.095
Mar 10What Does Tyman plc's (LON:TYMN) Share Price Indicate?
Feb 07Tyman (LON:TYMN) Has Announced A Dividend Of £0.042
Jul 28Tyman's (LON:TYMN) Returns Have Hit A Wall
Jun 21Tyman (LON:TYMN) Is Increasing Its Dividend To £0.095
Apr 05Tyman (LON:TYMN) Is Increasing Its Dividend To £0.095
Mar 05At UK£2.48, Is Tyman plc (LON:TYMN) Worth Looking At Closely?
Jan 07Here's Why Tyman (LON:TYMN) Can Manage Its Debt Responsibly
Nov 11Is Now An Opportune Moment To Examine Tyman plc (LON:TYMN)?
Aug 23Tyman (LON:TYMN) Has Announced That It Will Be Increasing Its Dividend To £0.042
Jul 29Here's Why I Think Tyman (LON:TYMN) Is An Interesting Stock
May 27Tyman (LON:TYMN) Has Announced That It Will Be Increasing Its Dividend To UK£0.089
Apr 28Tyman (LON:TYMN) Will Pay A Larger Dividend Than Last Year At UK£0.089
Apr 04Tyman's (LON:TYMN) Dividend Will Be Increased To UK£0.089
Mar 06Here's Why I Think Tyman (LON:TYMN) Might Deserve Your Attention Today
Jan 26Tyman (LON:TYMN) Is Doing The Right Things To Multiply Its Share Price
Dec 15We Think Tyman (LON:TYMN) Can Manage Its Debt With Ease
Dec 02These 4 Measures Indicate That Tyman (LON:TYMN) Is Using Debt Safely
Sep 02Should You Be Adding Tyman (LON:TYMN) To Your Watchlist Today?
Aug 20Tyman's (LON:TYMN) Returns On Capital Are Heading Higher
Jul 27At UK£4.79, Is Tyman plc (LON:TYMN) Worth Looking At Closely?
May 12Tyman (LON:TYMN) Has A Pretty Healthy Balance Sheet
Apr 16What To Know Before Buying Tyman plc (LON:TYMN) For Its Dividend
Mar 17Should You Be Impressed By Tyman's (LON:TYMN) Returns on Capital?
Mar 02Is It Too Late To Consider Buying Tyman plc (LON:TYMN)?
Jan 26We Think Tyman's (LON:TYMN) Statutory Profit Might Understate Its Earnings Potential
Jan 05Financial Position Analysis
Short Term Liabilities: TYMN's short term assets (£273.0M) exceed its short term liabilities (£166.7M).
Long Term Liabilities: TYMN's short term assets (£273.0M) exceed its long term liabilities (£175.3M).
Debt to Equity History and Analysis
Debt Level: TYMN's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: TYMN's debt to equity ratio has reduced from 60.2% to 32.7% over the past 5 years.
Debt Coverage: TYMN's debt is well covered by operating cash flow (63.4%).
Interest Coverage: TYMN's interest payments on its debt are well covered by EBIT (6.4x coverage).