Tower Financial Health
How is Tower's financial position?
Financial Health Score
5/6Financial 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.