Timken Balance Sheet Health
Financial Health criteria checks 3/6
Timken has a total shareholder equity of $3.1B and total debt of $2.2B, which brings its debt-to-equity ratio to 72.2%. Its total assets and total liabilities are $6.8B and $3.7B respectively. Timken's EBIT is $582.1M making its interest coverage ratio 5.1. It has cash and short-term investments of $412.7M.
Key information
72.2%
Debt to equity ratio
US$2.23b
Debt
| Interest coverage ratio | 5.1x |
| Cash | US$412.70m |
| Equity | US$3.09b |
| Total liabilities | US$3.68b |
| Total assets | US$6.77b |
Recent financial health updates
Timken (NYSE:TKR) Takes On Some Risk With Its Use Of Debt
Nov 29
Is Timken (NYSE:TKR) A Risky Investment?
Jun 18We Think Timken (NYSE:TKR) Can Stay On Top Of Its Debt
Jan 09Recent updates
Is Now An Opportune Moment To Examine The Timken Company (NYSE:TKR)?
Dec 15Timken (NYSE:TKR) Takes On Some Risk With Its Use Of Debt
Nov 29Timken (NYSE:TKR) Has More To Do To Multiply In Value Going Forward
Sep 25What Is The Timken Company's (NYSE:TKR) Share Price Doing?
Sep 10The Timken Company (NYSE:TKR) Screens Well But There Might Be A Catch
Aug 24The Timken Company: A Cheap Prospect Experiencing Temporary Woes
Aug 07The Timken Company (NYSE:TKR) Shares Could Be 47% Below Their Intrinsic Value Estimate
Jul 30Is Timken (NYSE:TKR) A Risky Investment?
Jun 18Should You Investigate The Timken Company (NYSE:TKR) At US$85.52?
Jun 04Investors Interested In The Timken Company's (NYSE:TKR) Earnings
May 22Timken's (NYSE:TKR) Dividend Will Be Increased To $0.34
May 07The Timken Company (NYSE:TKR) Just Released Its First-Quarter Earnings: Here's What Analysts Think
May 03An Intrinsic Calculation For The Timken Company (NYSE:TKR) Suggests It's 40% Undervalued
Apr 30Despite Short-Term Pain, The Timken Company Is A Solid Prospect
Apr 29At 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 28Timken Company: Compounding Value Via Long-Term ROE And FCF Per Share
Nov 28The Timken Company: Low P/E Seems To Fit The Growth Prospects, A Hold For Now
Sep 13The Timken Company: Firing On All Cylinders
Jun 29Financial Position Analysis
Short Term Liabilities: TKR's short term assets ($2.7B) exceed its short term liabilities ($910.3M).
Long Term Liabilities: TKR's short term assets ($2.7B) do not cover its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: TKR's net debt to equity ratio (58.8%) is considered high.
Reducing Debt: TKR's debt to equity ratio has reduced from 90.6% to 72.2% over the past 5 years.
Debt Coverage: TKR's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: TKR's interest payments on its debt are well covered by EBIT (5.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 06:38 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
The Timken Company is covered by 27 analysts. 12 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 |
|---|---|
| Holden Lewis | BB&T Capital Markets |
| Michael Feniger | BofA Global Research |
| Kevin Kirkeby | CFRA Equity Research |