Tomra Systems Balance Sheet Health
Financial Health criteria checks 4/6
Tomra Systems has a total shareholder equity of €600.0M and total debt of €337.0M, which brings its debt-to-equity ratio to 56.2%. Its total assets and total liabilities are €1.5B and €889.0M respectively. Tomra Systems's EBIT is €100.5M making its interest coverage ratio 4. It has cash and short-term investments of €93.0M.
Key information
56.2%
Debt to equity ratio
€337.00m
Debt
| Interest coverage ratio | 4x |
| Cash | €93.00m |
| Equity | €600.00m |
| Total liabilities | €889.00m |
| Total assets | €1.49b |
Recent financial health updates
Is Tomra Systems (OB:TOM) A Risky Investment?
Oct 17
We Think Tomra Systems (OB:TOM) Is Taking Some Risk With Its Debt
Jul 11Tomra Systems (OB:TOM) Seems To Use Debt Quite Sensibly
Feb 03These 4 Measures Indicate That Tomra Systems (OB:TOM) Is Using Debt Reasonably Well
Jul 05These 4 Measures Indicate That Tomra Systems (OB:TOM) Is Using Debt Reasonably Well
Mar 09Tomra Systems (OB:TOM) Seems To Use Debt Quite Sensibly
Dec 06Recent updates
Is There Now An Opportunity In Tomra Systems ASA (OB:TOM)?
Dec 13Tomra Systems' (OB:TOM) Soft Earnings Don't Show The Whole Picture
Oct 29Is Tomra Systems (OB:TOM) A Risky Investment?
Oct 17Tomra Systems (OB:TOM) Will Be Hoping To Turn Its Returns On Capital Around
Oct 03A Look At The Fair Value Of Tomra Systems ASA (OB:TOM)
Sep 20Is It Too Late To Consider Buying Tomra Systems ASA (OB:TOM)?
Aug 09Tomra Systems ASA's (OB:TOM) 35% Price Boost Is Out Of Tune With Revenues
Jul 27We Think Tomra Systems (OB:TOM) Is Taking Some Risk With Its Debt
Jul 11Tomra Systems (OB:TOM) Is Reinvesting At Lower Rates Of Return
Jun 10A Look At The Fair Value Of Tomra Systems ASA (OB:TOM)
May 28Earnings Update: Here's Why Analysts Just Lifted Their Tomra Systems ASA (OB:TOM) Price Target To kr117
May 01When Should You Buy Tomra Systems ASA (OB:TOM)?
Apr 19Tomra Systems ASA (OB:TOM) Looks Just Right With A 28% Price Jump
Mar 03Tomra Systems ASA Just Missed EPS By 6.8%: Here's What Analysts Think Will Happen Next
Feb 18Tomra Systems ASA (OB:TOM) Shares Could Be 31% Above Their Intrinsic Value Estimate
Feb 17Tomra Systems (OB:TOM) Seems To Use Debt Quite Sensibly
Feb 03Investor Optimism Abounds Tomra Systems ASA (OB:TOM) But Growth Is Lacking
Jan 04Returns On Capital At Tomra Systems (OB:TOM) Have Stalled
Dec 18Is Now The Time To Look At Buying Tomra Systems ASA (OB:TOM)?
Dec 03Returns On Capital At Tomra Systems (OB:TOM) Have Hit The Brakes
Sep 12Calculating The Intrinsic Value Of Tomra Systems ASA (OB:TOM)
Aug 25These 4 Measures Indicate That Tomra Systems (OB:TOM) Is Using Debt Reasonably Well
Jul 05Return Trends At Tomra Systems (OB:TOM) Aren't Appealing
May 29Does This Valuation Of Tomra Systems ASA (OB:TOM) Imply Investors Are Overpaying?
Apr 07These 4 Measures Indicate That Tomra Systems (OB:TOM) Is Using Debt Reasonably Well
Mar 09Here's What To Make Of Tomra Systems' (OB:TOM) Decelerating Rates Of Return
Feb 20A Look At The Fair Value Of Tomra Systems ASA (OB:TOM)
Dec 21Tomra Systems (OB:TOM) Seems To Use Debt Quite Sensibly
Dec 06Return Trends At Tomra Systems (OB:TOM) Aren't Appealing
Nov 21Does Tomra Systems (OB:TOM) Have A Healthy Balance Sheet?
Aug 27Is Now The Time To Put Tomra Systems (OB:TOM) On Your Watchlist?
Aug 12Returns On Capital At Tomra Systems (OB:TOM) Have Hit The Brakes
Jul 28Financial Position Analysis
Short Term Liabilities: TOM's short term assets (€701.0M) exceed its short term liabilities (€261.0M).
Long Term Liabilities: TOM's short term assets (€701.0M) exceed its long term liabilities (€628.0M).
Debt to Equity History and Analysis
Debt Level: TOM's net debt to equity ratio (40.7%) is considered high.
Reducing Debt: TOM's debt to equity ratio has increased from 39% to 56.2% over the past 5 years.
Debt Coverage: TOM's debt is well covered by operating cash flow (78.3%).
Interest Coverage: TOM's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:44 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
Tomra Systems ASA is covered by 22 analysts. 6 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 |
|---|---|
| Glenn Kringhaug | ABG Sundal Collier |
| Kenneth Sivertsen | Arctic Securities ASA |
| Gaurav Jain | Barclays |