Tower Financial Health

How is Tower's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TWR's short term assets (NZ$348.4M) do not cover its short term liabilities (NZ$445.4M).

Long Term Liabilities: TWR's short term assets (NZ$348.4M) exceed its long term liabilities (NZ$41.3M).


Debt to Equity History and Analysis

Debt Level: TWR is debt free.

Reducing Debt: TWR has no debt compared to 5 years ago when its debt to equity ratio was 13.9%.

Debt Coverage: TWR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TWR has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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