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 87.5%. Its total assets and total liabilities are $6.5B and $3.8B respectively. Timken's EBIT is $676.0M making its interest coverage ratio 6.2. It has cash and short-term investments of $421.9M.
Key information
87.5%
Debt to equity ratio
US$2.39b
Debt
Interest coverage ratio | 6.2x |
Cash | US$421.90m |
Equity | US$2.74b |
Total liabilities | US$3.81b |
Total assets | US$6.54b |
Recent financial health updates
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 05We Think Timken (NYSE:TKR) Can Stay On Top Of Its Debt
Jan 25Recent updates
Investors 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 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 30Financial Position Analysis
Short Term Liabilities: TKR's short term assets ($2.7B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: TKR's short term assets ($2.7B) exceed its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: TKR's net debt to equity ratio (72.1%) is considered high.
Reducing Debt: TKR's debt to equity ratio has reduced from 104.3% to 87.5% over the past 5 years.
Debt Coverage: TKR's debt is well covered by operating cash flow (21.6%).
Interest Coverage: TKR's interest payments on its debt are well covered by EBIT (6.2x coverage).