Turners Automotive Group Balance Sheet Health
Financial Health criteria checks 2/6
Turners Automotive Group has a total shareholder equity of NZ$306.2M and total debt of NZ$497.0M, which brings its debt-to-equity ratio to 162.3%. Its total assets and total liabilities are NZ$970.7M and NZ$664.5M respectively. Turners Automotive Group's EBIT is NZ$64.4M making its interest coverage ratio 8.6. It has cash and short-term investments of NZ$107.2M.
Key information
162.32%
Debt to equity ratio
NZ$496.96m
Debt
| Interest coverage ratio | 8.6x |
| Cash | NZ$107.25m |
| Equity | NZ$306.16m |
| Total liabilities | NZ$664.50m |
| Total assets | NZ$970.66m |
Recent financial health updates
Recent updates
Turners Automotive Group (NZSE:TRA) Is Increasing Its Dividend To NZ$0.0941
Nov 26
Turners Automotive Group (NZSE:TRA) Has Announced A Dividend Of NZ$0.0824
Oct 08Turners Automotive Group's (NZSE:TRA) Shareholders Will Receive A Bigger Dividend Than Last Year
May 29Turners Automotive Group Limited Just Beat Revenue By 5.4%: Here's What Analysts Think Will Happen Next
May 28
Expanding Retail Network And My Auto Shop Acquisition To Boost Future Prospects
Growth in premium lending and finance originations targets high-quality customers, improving net interest margins and driving finance revenue growth.Turners Automotive Group's (NZSE:TRA) Dividend Will Be NZ$0.0706
Oct 05Turners Automotive Group (NZSE:TRA) Has Announced That It Will Be Increasing Its Dividend To NZ$0.0882
Jul 03Turners Automotive Group's (NZSE:TRA) Upcoming Dividend Will Be Larger Than Last Year's
Jun 19Turners Automotive Group Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 23Turners Automotive Group (NZSE:TRA) Will Pay A Dividend Of NZ$0.0824
May 25Turners Automotive Group's (NZSE:TRA) Dividend Will Be NZ$0.0706
Apr 06Turners Automotive Group (NZSE:TRA) Has Announced A Dividend Of NZ$0.0588
Jan 09Turners Automotive Group (NZSE:TRA) Is Due To Pay A Dividend Of NZ$0.0588
Nov 26Turners Automotive Group (NZSE:TRA) Has Affirmed Its Dividend Of NZ$0.0588
Oct 06Turners Automotive Group's (NZSE:TRA) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 14Turners Automotive Group (NZSE:TRA) Has Announced That It Will Be Increasing Its Dividend To NZ$0.082
Jun 09Financial Position Analysis
Short Term Liabilities: TRA's short term assets (NZ$641.4M) exceed its short term liabilities (NZ$8.6M).
Long Term Liabilities: TRA's short term assets (NZ$641.4M) do not cover its long term liabilities (NZ$655.9M).
Debt to Equity History and Analysis
Debt Level: TRA's net debt to equity ratio (127.3%) is considered high.
Reducing Debt: TRA's debt to equity ratio has increased from 135.9% to 162.3% over the past 5 years.
Debt Coverage: TRA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TRA's interest payments on its debt are well covered by EBIT (8.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/08 15:40 |
| End of Day Share Price | 2026/02/05 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/03/31 |
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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Turners Automotive Group Limited is covered by 3 analysts. 2 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 |
|---|---|
| Mohandeep Singh | Deutsche Bank |
| James Lindsay | Forsyth Barr Group Ltd. |
| Grant Lowe | Jarden Limited |