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).