Tharisa Balance Sheet Health
Financial Health criteria checks 6/6
Tharisa has a total shareholder equity of $708.9M and total debt of $110.2M, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are $1.1B and $386.2M respectively. Tharisa's EBIT is $86.4M making its interest coverage ratio 39.4. It has cash and short-term investments of $192.7M.
Key information
15.5%
Debt to equity ratio
US$110.20m
Debt
| Interest coverage ratio | 39.4x |
| Cash | US$192.70m |
| Equity | US$708.90m |
| Total liabilities | US$386.21m |
| Total assets | US$1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THS's short term assets ($384.0M) exceed its short term liabilities ($185.5M).
Long Term Liabilities: THS's short term assets ($384.0M) exceed its long term liabilities ($200.7M).
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 21.2% to 15.5% over the past 5 years.
Debt Coverage: THS's debt is well covered by operating cash flow (124.7%).
Interest Coverage: THS's interest payments on its debt are well covered by EBIT (39.4x coverage).