Timken Balance Sheet Health
Financial Health criteria checks 5/6
Timken has a total shareholder equity of $2.7B and total debt of $2.4B, which brings its debt-to-equity ratio to 88.3%. Its total assets and total liabilities are $6.5B and $3.8B respectively. Timken's EBIT is $705.3M making its interest coverage ratio 7. It has cash and short-term investments of $450.5M.
Key information
88.3%
Debt to equity ratio
US$2.39b
Debt
| Interest coverage ratio | 7x |
| Cash | US$450.50m |
| Equity | US$2.70b |
| Total liabilities | US$3.84b |
| Total assets | US$6.54b |
Recent financial health updates
We Think Timken (NYSE:TKR) Can Stay On Top Of Its Debt
Jan 09
Is Timken (NYSE:TKR) Using Too Much Debt?
Aug 21Timken (NYSE:TKR) Has A Pretty Healthy Balance Sheet
May 05We Think Timken (NYSE:TKR) Can Stay On Top Of Its Debt
Jan 25Recent updates
At US$80.74, Is The Timken Company (NYSE:TKR) Worth Looking At Closely?
Feb 25The Timken Company: Still Looking Good Into 2024
Feb 02Here's Why Timken (NYSE:TKR) Has Caught The Eye Of Investors
Jan 23We Think Timken (NYSE:TKR) Can Stay On Top Of Its Debt
Jan 09The Timken Company's (NYSE:TKR) Business And Shares Still Trailing The Market
Dec 28Are Investors Undervaluing The Timken Company (NYSE:TKR) By 25%?
Dec 16Timken Company: Compounding Value Via Long-Term ROE And FCF Per Share
Nov 28At US$70.94, Is It Time To Put The Timken Company (NYSE:TKR) On Your Watch List?
Nov 03Here's Why Timken (NYSE:TKR) Has Caught The Eye Of Investors
Sep 19The Timken Company: Low P/E Seems To Fit The Growth Prospects, A Hold For Now
Sep 13The Timken Company (NYSE:TKR) Shares Could Be 36% Below Their Intrinsic Value Estimate
Sep 04Is Timken (NYSE:TKR) Using Too Much Debt?
Aug 21Timken (NYSE:TKR) Has Some Way To Go To Become A Multi-Bagger
Aug 07Is There Now An Opportunity In The Timken Company (NYSE:TKR)?
Jul 12The Timken Company: Firing On All Cylinders
Jun 29Timken (NYSE:TKR) Ticks All The Boxes When It Comes To Earnings Growth
Jun 17The Timken Company (NYSE:TKR) Shares Could Be 25% Below Their Intrinsic Value Estimate
Jun 05Timken (NYSE:TKR) Is Paying Out A Larger Dividend Than Last Year
May 08Timken (NYSE:TKR) Has A Pretty Healthy Balance Sheet
May 05Timken's (NYSE:TKR) Returns On Capital Are Heading Higher
Apr 09Is Now The Time To Look At Buying The Timken Company (NYSE:TKR)?
Mar 15Calculating The Intrinsic Value Of The Timken Company (NYSE:TKR)
Mar 03Here's Why Timken (NYSE:TKR) Has Caught The Eye Of Investors
Feb 19Timken Q4 2022 Earnings Preview
Feb 05Timken boosts linear motion portfolio with Nadella acquisition
Jan 30We Think Timken (NYSE:TKR) Can Stay On Top Of Its Debt
Jan 25Timken: Strong Market Position With Earnings Growth, Technicals Improving
Dec 26Should You Think About Buying The Timken Company (NYSE:TKR) Now?
Dec 14Timken's (NYSE:TKR) Returns On Capital Are Heading Higher
Nov 30Is There An Opportunity With The Timken Company's (NYSE:TKR) 21% Undervaluation?
Nov 16Timken declares $0.31 dividend
Nov 11Financial Position Analysis
Short Term Liabilities: TKR's short term assets ($2.6B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: TKR's short term assets ($2.6B) exceed its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: TKR's net debt to equity ratio (71.7%) is considered high.
Reducing Debt: TKR's debt to equity ratio has reduced from 102.4% to 88.3% over the past 5 years.
Debt Coverage: TKR's debt is well covered by operating cash flow (22.8%).
Interest Coverage: TKR's interest payments on its debt are well covered by EBIT (7x coverage).