Interface Balance Sheet Health
Financial Health criteria checks 2/6
Interface has a total shareholder equity of $384.9M and total debt of $475.6M, which brings its debt-to-equity ratio to 123.6%. Its total assets and total liabilities are $1.2B and $835.0M respectively. Interface's EBIT is $94.9M making its interest coverage ratio 2.9. It has cash and short-term investments of $92.9M.
Key information
123.6%
Debt to equity ratio
US$475.57m
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$92.94m |
| Equity | US$384.91m |
| Total liabilities | US$835.05m |
| Total assets | US$1.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TILE *'s short term assets ($581.5M) exceed its short term liabilities ($194.3M).
Long Term Liabilities: TILE *'s short term assets ($581.5M) do not cover its long term liabilities ($640.7M).
Debt to Equity History and Analysis
Debt Level: TILE *'s net debt to equity ratio (99.4%) is considered high.
Reducing Debt: TILE *'s debt to equity ratio has increased from 72.8% to 123.6% over the past 5 years.
Debt Coverage: TILE *'s debt is well covered by operating cash flow (21.8%).
Interest Coverage: TILE *'s interest payments on its debt are not well covered by EBIT (2.9x coverage).