THOR Industries Financial Health
How is THOR Industries's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: THO's short term assets ($3.1B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: THO's short term assets ($3.1B) exceed its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: THO's net debt to equity ratio (40.4%) is considered high.
Reducing Debt: THO's debt to equity ratio has increased from 9.2% to 49.1% over the past 5 years.
Debt Coverage: THO's debt is well covered by operating cash flow (56%).
Interest Coverage: THO's interest payments on its debt are well covered by EBIT (17x coverage).