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
Is Timken (NYSE:TKR) A Risky Investment?
Jun 18
We Think Timken (NYSE:TKR) Can Stay On Top Of Its Debt
Jan 09Is Timken (NYSE:TKR) Using Too Much Debt?
Aug 21Timken (NYSE:TKR) Has A Pretty Healthy Balance Sheet
May 05Recent updates
Timken (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 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 15Financial 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).