Topps Tiles Balance Sheet Health
Financial Health criteria checks 4/6
Topps Tiles has a total shareholder equity of £5.6M and total debt of £15.0M, which brings its debt-to-equity ratio to 268.5%. Its total assets and total liabilities are £167.4M and £161.8M respectively. Topps Tiles's EBIT is £27.3M making its interest coverage ratio 5.7. It has cash and short-term investments of £23.7M.
Key information
268.5%
Debt to equity ratio
UK£15.00m
Debt
| Interest coverage ratio | 5.7x |
| Cash | UK£23.68m |
| Equity | UK£5.59m |
| Total liabilities | UK£161.82m |
| Total assets | UK£167.40m |
Recent financial health updates
Recent updates
Topps Tiles Plc (LON:TPT) Shares Could Be 41% Below Their Intrinsic Value Estimate
Jul 13
Getting In Cheap On Topps Tiles Plc (LON:TPT) Might Be Difficult
Apr 27Topps Tiles' (LON:TPT) Conservative Accounting Might Explain Soft Earnings
Dec 27Shareholders May Be Wary Of Increasing Topps Tiles Plc's (LON:TPT) CEO Compensation Package
Jan 11A Look At The Fair Value Of Topps Tiles Plc (LON:TPT)
Dec 01Is There Now An Opportunity In Topps Tiles Plc (LON:TPT)?
Sep 16An Intrinsic Calculation For Topps Tiles Plc (LON:TPT) Suggests It's 23% Undervalued
Aug 16Should You Investigate Topps Tiles Plc (LON:TPT) At UK£0.66?
Sep 30Are Topps Tiles Plc (LON:TPT) Investors Paying Above The Intrinsic Value?
May 12When Should You Buy Topps Tiles Plc (LON:TPT)?
Feb 03
Is Topps Tiles (LON:TPT) Using Debt Sensibly?
Dec 30Financial Position Analysis
Short Term Liabilities: TPT's short term assets (£76.1M) exceed its short term liabilities (£73.1M).
Long Term Liabilities: TPT's short term assets (£76.1M) do not cover its long term liabilities (£88.7M).
Debt to Equity History and Analysis
Debt Level: TPT has more cash than its total debt.
Reducing Debt: TPT's debt to equity ratio has increased from 98.8% to 268.5% over the past 5 years.
Debt Coverage: TPT's debt is well covered by operating cash flow (158.5%).
Interest Coverage: TPT's interest payments on its debt are well covered by EBIT (5.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 18:43 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2024/09/28 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Topps Tiles Plc is covered by 21 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 |
|---|---|
| Louise Richardson | Arden Partners Plc. |
| Robert Chantry | Berenberg |
| Ian Macdougall | Blue Oar Securities |