Tharisa Balance Sheet Health
Financial Health criteria checks 6/6
Tharisa has a total shareholder equity of $779.6M and total debt of $104.9M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are $1.2B and $428.2M respectively. Tharisa's EBIT is $119.9M making its interest coverage ratio 153.9. It has cash and short-term investments of $226.1M.
Key information
13.5%
Debt to equity ratio
US$104.91m
Debt
| Interest coverage ratio | 153.9x |
| Cash | US$226.09m |
| Equity | US$779.58m |
| Total liabilities | US$428.22m |
| Total assets | US$1.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THS's short term assets ($404.0M) exceed its short term liabilities ($219.8M).
Long Term Liabilities: THS's short term assets ($404.0M) exceed its long term liabilities ($208.4M).
Debt to Equity History and Analysis
Debt Level: THS has more cash than its total debt.
Reducing Debt: THS's debt to equity ratio has reduced from 20.7% to 13.5% over the past 5 years.
Debt Coverage: THS's debt is well covered by operating cash flow (195%).
Interest Coverage: THS's interest payments on its debt are well covered by EBIT (153.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 05:38 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
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
Tharisa plc is covered by 12 analysts. 4 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 |
|---|---|
| Richard Hatch | Berenberg |
| David Gagliano | BMO Capital Markets Equity Research |
| Colin Hamilton | BMO Capital Markets Equity Research |