TOD'S Balance Sheet Health
Financial Health criteria checks 6/6
TOD'S has a total shareholder equity of €1.1B and total debt of €178.8M, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are €2.1B and €1.0B respectively. TOD'S's EBIT is €99.1M making its interest coverage ratio 4.4. It has cash and short-term investments of €89.7M.
Key information
16.4%
Debt to equity ratio
€178.76m
Debt
| Interest coverage ratio | 4.4x |
| Cash | €89.70m |
| Equity | €1.09b |
| Total liabilities | €1.01b |
| Total assets | €2.10b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TODm's short term assets (€731.9M) exceed its short term liabilities (€449.1M).
Long Term Liabilities: TODm's short term assets (€731.9M) exceed its long term liabilities (€559.7M).
Debt to Equity History and Analysis
Debt Level: TODm's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: TODm's debt to equity ratio has reduced from 26% to 16.4% over the past 5 years.
Debt Coverage: TODm's debt is well covered by operating cash flow (74.4%).
Interest Coverage: TODm's interest payments on its debt are well covered by EBIT (4.4x coverage).