Taylor Devices Balance Sheet Health
Financial Health criteria checks 6/6
Taylor Devices has a total shareholder equity of $47.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $54.8M and $7.0M respectively. Taylor Devices's EBIT is $9.0M making its interest coverage ratio -12.9. It has cash and short-term investments of $24.6M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -12.9x |
| Cash | US$24.62m |
| Equity | US$47.84m |
| Total liabilities | US$6.96m |
| Total assets | US$54.79m |
Recent financial health updates
No updates
Recent updates
Taylor Devices, Inc. (NASDAQ:TAYD) Stock Rockets 27% But Many Are Still Ignoring The Company
Mar 28
The Return Trends At Taylor Devices (NASDAQ:TAYD) Look Promising
Mar 08Is Now The Time To Put Taylor Devices (NASDAQ:TAYD) On Your Watchlist?
Feb 10Taylor Devices Is A Well Run Small Cap At A Reasonable Valuation
Jan 22The Return Trends At Taylor Devices (NASDAQ:TAYD) Look Promising
May 20Taylor Devices' (NASDAQ:TAYD) Returns Have Hit A Wall
Oct 07Taylor Devices GAAP EPS of $0.29, revenue of $9.09M
Sep 30Taylor Devices GAAP EPS of $0.43, revenue of $9.66M
Aug 19A Look At The Fair Value Of Taylor Devices, Inc. (NASDAQ:TAYD)
Jul 16Taylor Devices Inc.: Undiscovered Company, Pristine Balance Sheet, Growth Potential
Oct 19This Is Why We Think Taylor Devices, Inc.'s (NASDAQ:TAYD) CEO Might Get A Pay Rise Approved By Shareholders
Oct 16Taylor Devices, Inc.'s (NASDAQ:TAYD) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Mar 02Calculating The Intrinsic Value Of Taylor Devices, Inc. (NASDAQ:TAYD)
Feb 02We Wouldn't Rely On Taylor Devices's (NASDAQ:TAYD) Statutory Earnings As A Guide
Jan 12Taylor Devices reports FQ2 results
Dec 31We're Watching These Trends At Taylor Devices (NASDAQ:TAYD)
Dec 22
Financial Position Analysis
Short Term Liabilities: TAYD's short term assets ($41.2M) exceed its short term liabilities ($7.0M).
Long Term Liabilities: TAYD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TAYD is debt free.
Reducing Debt: TAYD had no debt 5 years ago.
Debt Coverage: TAYD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TAYD has no debt, therefore coverage of interest payments is not a concern.