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
Is TOD'S (BIT:TOD) Using Too Much Debt?
Sep 20
Here's Why TOD'S (BIT:TOD) Can Manage Its Debt Responsibly
Oct 27We Think TOD'S (BIT:TOD) Can Stay On Top Of Its Debt
Apr 29TOD'S (BIT:TOD) Seems To Use Debt Quite Sensibly
Nov 02Recent updates
There's Reason For Concern Over TOD'S S.p.A.'s (BIT:TOD) Price
Jan 04Capital Allocation Trends At TOD'S (BIT:TOD) Aren't Ideal
Nov 11Are Investors Undervaluing TOD'S S.p.A. (BIT:TOD) By 34%?
Oct 27Is TOD'S (BIT:TOD) Using Too Much Debt?
Sep 20Returns On Capital Signal Tricky Times Ahead For TOD'S (BIT:TOD)
Aug 04Is It Time To Consider Buying TOD'S S.p.A. (BIT:TOD)?
Jul 05Is It Time To Consider Buying TOD'S S.p.A. (BIT:TOD)?
Mar 14Here's Why TOD'S (BIT:TOD) Can Manage Its Debt Responsibly
Oct 27Are Investors Undervaluing TOD'S S.p.A. (BIT:TOD) By 43%?
Aug 03TOD'S (BIT:TOD) Is Reinvesting At Lower Rates Of Return
May 28We Think TOD'S (BIT:TOD) Can Stay On Top Of Its Debt
Apr 29TOD'S (BIT:TOD) Seems To Use Debt Quite Sensibly
Nov 02Financial Position Analysis
Short Term Liabilities: TOD's short term assets (€731.9M) exceed its short term liabilities (€449.1M).
Long Term Liabilities: TOD's short term assets (€731.9M) exceed its long term liabilities (€559.7M).
Debt to Equity History and Analysis
Debt Level: TOD's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: TOD's debt to equity ratio has reduced from 26% to 16.4% over the past 5 years.
Debt Coverage: TOD's debt is well covered by operating cash flow (74.4%).
Interest Coverage: TOD's interest payments on its debt are well covered by EBIT (4.4x coverage).