Toll Brothers Balance Sheet Health
Financial Health criteria checks 6/6
Toll Brothers has a total shareholder equity of $7.4B and total debt of $2.8B, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are $13.4B and $5.9B respectively. Toll Brothers's EBIT is $2.0B making its interest coverage ratio -49.4. It has cash and short-term investments of $893.4M.
Key information
38.0%
Debt to equity ratio
US$2.82b
Debt
| Interest coverage ratio | -49.4x |
| Cash | US$893.42m |
| Equity | US$7.43b |
| Total liabilities | US$5.93b |
| Total assets | US$13.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LFS's short term assets ($11.6B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: 0LFS's short term assets ($11.6B) exceed its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: 0LFS's net debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: 0LFS's debt to equity ratio has reduced from 75.3% to 38% over the past 5 years.
Debt Coverage: 0LFS's debt is well covered by operating cash flow (32.6%).
Interest Coverage: 0LFS earns more interest than it pays, so coverage of interest payments is not a concern.