Tomra Systems Balance Sheet Health
Financial Health criteria checks 4/6
Tomra Systems has a total shareholder equity of €600.0M and total debt of €337.0M, which brings its debt-to-equity ratio to 56.2%. Its total assets and total liabilities are €1.5B and €889.0M respectively. Tomra Systems's EBIT is €100.5M making its interest coverage ratio 4. It has cash and short-term investments of €93.0M.
Key information
56.2%
Debt to equity ratio
€337.00m
Debt
| Interest coverage ratio | 4x |
| Cash | €93.00m |
| Equity | €600.00m |
| Total liabilities | €889.00m |
| Total assets | €1.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMRA.F's short term assets (€701.0M) exceed its short term liabilities (€261.0M).
Long Term Liabilities: TMRA.F's short term assets (€701.0M) exceed its long term liabilities (€628.0M).
Debt to Equity History and Analysis
Debt Level: TMRA.F's net debt to equity ratio (40.7%) is considered high.
Reducing Debt: TMRA.F's debt to equity ratio has increased from 39% to 56.2% over the past 5 years.
Debt Coverage: TMRA.F's debt is well covered by operating cash flow (78.3%).
Interest Coverage: TMRA.F's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 20:14 |
| End of Day Share Price | 2024/12/20 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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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
Tomra Systems ASA is covered by 22 analysts. 6 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 |
|---|---|
| Glenn Kringhaug | ABG Sundal Collier |
| Kenneth Sivertsen | Arctic Securities ASA |
| Gaurav Jain | Barclays |