Toro Balance Sheet Health

Financial Health criteria checks 4/6

Toro has a total shareholder equity of $1.5B and total debt of $1.2B, which brings its debt-to-equity ratio to 76.7%. Its total assets and total liabilities are $3.8B and $2.3B respectively. Toro's EBIT is $538.0M making its interest coverage ratio 8.8. It has cash and short-term investments of $198.5M.

Key information

76.7%

Debt to equity ratio

US$1.19b

Debt

Interest coverage ratio8.8x
CashUS$198.50m
EquityUS$1.55b
Total liabilitiesUS$2.25b
Total assetsUS$3.80b

Recent financial health updates

Recent updates

The Toro Company's (NYSE:TTC) CEO Might Not Expect Shareholders To Be So Generous This Year

Mar 13
The Toro Company's (NYSE:TTC) CEO Might Not Expect Shareholders To Be So Generous This Year

The Toro Company Just Missed Earnings - But Analysts Have Updated Their Models

Mar 11
The Toro Company Just Missed Earnings - But Analysts Have Updated Their Models

Toro Q1: Don't Forget It's A Seasonal Business

Mar 08

Here's Why Toro (NYSE:TTC) Can Manage Its Debt Responsibly

Feb 25
Here's Why Toro (NYSE:TTC) Can Manage Its Debt Responsibly

The Toro Company (NYSE:TTC) Not Lagging Market On Growth Or Pricing

Feb 06
The Toro Company (NYSE:TTC) Not Lagging Market On Growth Or Pricing

Capital Allocation Trends At Toro (NYSE:TTC) Aren't Ideal

Jan 15
Capital Allocation Trends At Toro (NYSE:TTC) Aren't Ideal

Some Investors May Be Willing To Look Past Toro's (NYSE:TTC) Soft Earnings

Dec 28
Some Investors May Be Willing To Look Past Toro's (NYSE:TTC) Soft Earnings

Toro Has Been Cut Low Enough (Rating Upgrade)

Dec 21

Toro (NYSE:TTC) Is Increasing Its Dividend To $0.36

Dec 16
Toro (NYSE:TTC) Is Increasing Its Dividend To $0.36

Does Toro (NYSE:TTC) Have A Healthy Balance Sheet?

Nov 23
Does Toro (NYSE:TTC) Have A Healthy Balance Sheet?

The Toro Company: Excellent Opportunities Often Arise After Disappointing Results

Oct 17

Be Wary Of Toro (NYSE:TTC) And Its Returns On Capital

Oct 07
Be Wary Of Toro (NYSE:TTC) And Its Returns On Capital

A Look At The Fair Value Of The Toro Company (NYSE:TTC)

Sep 18
A Look At The Fair Value Of The Toro Company (NYSE:TTC)

Toro: Investors Get The Horns

Sep 08

With EPS Growth And More, Toro (NYSE:TTC) Makes An Interesting Case

Aug 16
With EPS Growth And More, Toro (NYSE:TTC) Makes An Interesting Case

Is Toro (NYSE:TTC) Using Too Much Debt?

Aug 04
Is Toro (NYSE:TTC) Using Too Much Debt?

Should Toro Trim Its Residential Business?

Jul 04

Toro (NYSE:TTC) Will Be Hoping To Turn Its Returns On Capital Around

Jun 28
Toro (NYSE:TTC) Will Be Hoping To Turn Its Returns On Capital Around

Toro's (NYSE:TTC) Upcoming Dividend Will Be Larger Than Last Year's

Jun 13
Toro's (NYSE:TTC) Upcoming Dividend Will Be Larger Than Last Year's

The Toro Company (NYSE:TTC) Shares Could Be 29% Above Their Intrinsic Value Estimate

Jun 09
The Toro Company (NYSE:TTC) Shares Could Be 29% Above Their Intrinsic Value Estimate

The Toro Company: Growth Challenges Ahead

May 31

Toro (NYSE:TTC) Is Increasing Its Dividend To $0.34

May 27
Toro (NYSE:TTC) Is Increasing Its Dividend To $0.34

Should You Be Adding Toro (NYSE:TTC) To Your Watchlist Today?

May 03
Should You Be Adding Toro (NYSE:TTC) To Your Watchlist Today?

Toro (NYSE:TTC) Could Easily Take On More Debt

Mar 27
Toro (NYSE:TTC) Could Easily Take On More Debt

We Take A Look At Why The Toro Company's (NYSE:TTC) CEO Has Earned Their Pay Packet

Mar 15
We Take A Look At Why The Toro Company's (NYSE:TTC) CEO Has Earned Their Pay Packet

Estimating The Fair Value Of The Toro Company (NYSE:TTC)

Mar 09
Estimating The Fair Value Of The Toro Company (NYSE:TTC)

Does Toro (NYSE:TTC) Deserve A Spot On Your Watchlist?

Jan 30
Does Toro (NYSE:TTC) Deserve A Spot On Your Watchlist?

The Toro Company: Price Reflects Maximum Growth Potential

Jan 18

Capital Allocation Trends At Toro (NYSE:TTC) Aren't Ideal

Jan 16
Capital Allocation Trends At Toro (NYSE:TTC) Aren't Ideal

Toro (NYSE:TTC) Has Announced That It Will Be Increasing Its Dividend To $0.34

Dec 22
Toro (NYSE:TTC) Has Announced That It Will Be Increasing Its Dividend To $0.34

Toro Q4 2022 Earnings Preview

Dec 20

We Think Toro (NYSE:TTC) Can Stay On Top Of Its Debt

Dec 15
We Think Toro (NYSE:TTC) Can Stay On Top Of Its Debt

Toro increases dividend by ~13%

Dec 13

A Look At The Intrinsic Value Of The Toro Company (NYSE:TTC)

Dec 01
A Look At The Intrinsic Value Of The Toro Company (NYSE:TTC)

Wedgewood Partners - Toro Co.: Disciplined Capital Allocation And Aggressiveness

Nov 10

Be Wary Of Toro (NYSE:TTC) And Its Returns On Capital

Oct 12
Be Wary Of Toro (NYSE:TTC) And Its Returns On Capital

The Toro Company's Growth Prospects Look Compelling

Oct 04

Toro declares $0.30 dividend

Sep 20

Toro (NYSE:TTC) Seems To Use Debt Quite Sensibly

Sep 14
Toro (NYSE:TTC) Seems To Use Debt Quite Sensibly

Toro Non-GAAP EPS of $1.19 beats by $0.06, revenue of $1.16B misses by $10M, raises FY earning guidance

Sep 01

Are Investors Undervaluing The Toro Company (NYSE:TTC) By 43%?

Aug 31
Are Investors Undervaluing The Toro Company (NYSE:TTC) By 43%?

Capital Allocation Trends At Toro (NYSE:TTC) Aren't Ideal

Jul 02
Capital Allocation Trends At Toro (NYSE:TTC) Aren't Ideal

The Toro Company Looks Attractive At The Current Levels

Jun 27

Financial Position Analysis

Short Term Liabilities: TTC's short term assets ($2.0B) exceed its short term liabilities ($921.9M).

Long Term Liabilities: TTC's short term assets ($2.0B) exceed its long term liabilities ($1.3B).


Debt to Equity History and Analysis

Debt Level: TTC's net debt to equity ratio (63.8%) is considered high.

Reducing Debt: TTC's debt to equity ratio has increased from 45.7% to 76.7% over the past 5 years.

Debt Coverage: TTC's debt is well covered by operating cash flow (23.9%).

Interest Coverage: TTC's interest payments on its debt are well covered by EBIT (8.8x coverage).


Balance Sheet


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