Toro Balance Sheet Health
Financial Health criteria checks 5/6
Toro has a total shareholder equity of $1.5B and total debt of $1.1B, which brings its debt-to-equity ratio to 75.4%. Its total assets and total liabilities are $3.7B and $2.2B respectively. Toro's EBIT is $539.0M making its interest coverage ratio 8.9. It has cash and short-term investments of $171.3M.
Key information
75.42%
Debt to equity ratio
US$1.11b
Debt
| Interest coverage ratio | 8.9x |
| Cash | US$171.30m |
| Equity | US$1.47b |
| Total liabilities | US$2.23b |
| Total assets | US$3.70b |
Recent financial health updates
Toro (NYSE:TTC) Has A Pretty Healthy Balance Sheet
Apr 30
Is Toro (NYSE:TTC) Using Too Much Debt?
Dec 11Is Toro (NYSE:TTC) Using Too Much Debt?
Sep 11Recent updates
Toro (NYSE:TTC) Might Be Having Difficulty Using Its Capital Effectively
May 30The Toro Company: Uncertainty And Valuation Make An Upgrade Unfeasible
May 27The Toro Company (NYSE:TTC) Not Lagging Market On Growth Or Pricing
May 15Toro (NYSE:TTC) Has A Pretty Healthy Balance Sheet
Apr 30Toro: Not Cheap Considering The Absence Of Growth
Mar 07Is The Toro Company (NYSE:TTC) Trading At A 22% Discount?
Mar 04Earnings Not Telling The Story For The Toro Company (NYSE:TTC)
Feb 13Why You Should Care About Toro's (NYSE:TTC) Strong Returns On Capital
Jan 26Toro: The Stability Investors Need In The Next Tariff Cycle
Dec 20Toro (NYSE:TTC) Is Increasing Its Dividend To $0.38
Dec 19Is Toro (NYSE:TTC) Using Too Much Debt?
Dec 11The Toro Company's (NYSE:TTC) Popularity With Investors Is Under Threat From Overpricing
Nov 05The Returns On Capital At Toro (NYSE:TTC) Don't Inspire Confidence
Oct 17Calculating The Intrinsic Value Of The Toro Company (NYSE:TTC)
Sep 29
Calculated Innovations And Productivity Gains Fuel Optimistic Growth Outlook
Strategic focus on reducing costs through the AMP and targeted divestitures aims to boost net margins and position Toro for profitable growth.High Quality Dividend Stock Universe: The Toro Company, Greener Grass Ahead
Sep 15Is Toro (NYSE:TTC) Using Too Much Debt?
Sep 11Toro: Like Watching Grass Grow
Sep 06Investors Interested In The Toro Company's (NYSE:TTC) Earnings
Aug 06Calculating The Fair Value Of The Toro Company (NYSE:TTC)
Jul 01The Toro Company: Answers The Shorts, But Still Not Cheap
Jun 07The Toro Company: Guidance Risks Are Partially Priced In
May 31Toro Q1: Don't Forget It's A Seasonal Business
Mar 08Toro Has Been Cut Low Enough (Rating Upgrade)
Dec 21The Toro Company: Excellent Opportunities Often Arise After Disappointing Results
Oct 17Toro: Investors Get The Horns
Sep 08Should Toro Trim Its Residential Business?
Jul 04Financial Position Analysis
Short Term Liabilities: TTC's short term assets ($1.9B) exceed its short term liabilities ($993.1M).
Long Term Liabilities: TTC's short term assets ($1.9B) exceed its long term liabilities ($1.2B).
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 reduced from 78.4% to 75.4% over the past 5 years.
Debt Coverage: TTC's debt is well covered by operating cash flow (55.4%).
Interest Coverage: TTC's interest payments on its debt are well covered by EBIT (8.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/01 16:20 |
| End of Day Share Price | 2025/05/30 00:00 |
| Earnings | 2025/01/31 |
| Annual Earnings | 2024/10/31 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
The Toro Company is covered by 14 analysts. 5 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 |
|---|---|
| Timothy Wojs | Baird |
| Ross Gilardi | BofA Global Research |
| Ana Garcia McGuinness | CFRA Equity Research |