Interface Balance Sheet Health
Financial Health criteria checks 4/6
Interface has a total shareholder equity of $425.9M and total debt of $417.2M, which brings its debt-to-equity ratio to 97.9%. Its total assets and total liabilities are $1.2B and $804.1M respectively. Interface's EBIT is $101.2M making its interest coverage ratio 3.2. It has cash and short-term investments of $110.5M.
Key information
97.9%
Debt to equity ratio
US$417.21m
Debt
Interest coverage ratio | 3.2x |
Cash | US$110.50m |
Equity | US$425.95m |
Total liabilities | US$804.15m |
Total assets | US$1.23b |
Recent financial health updates
These 4 Measures Indicate That Interface (NASDAQ:TILE) Is Using Debt Extensively
Feb 28Interface (NASDAQ:TILE) Has A Somewhat Strained Balance Sheet
Jun 08Here's Why Interface (NASDAQ:TILE) Has A Meaningful Debt Burden
Feb 03Is Interface (NASDAQ:TILE) Using Too Much Debt?
Sep 27Is Interface (NASDAQ:TILE) A Risky Investment?
Apr 06Is Interface (NASDAQ:TILE) Using Too Much Debt?
Nov 30Recent updates
We Ran A Stock Scan For Earnings Growth And Interface (NASDAQ:TILE) Passed With Ease
Mar 19Interface: Mixed Growth Outlook; Stock Lacks Margin Of Safety
Mar 13Interface, Inc.'s (NASDAQ:TILE) P/E Is Still On The Mark Following 26% Share Price Bounce
Mar 02These 4 Measures Indicate That Interface (NASDAQ:TILE) Is Using Debt Extensively
Feb 28Interface, Inc.'s (NASDAQ:TILE) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Dec 22Returns On Capital At Interface (NASDAQ:TILE) Paint A Concerning Picture
Sep 08Interface (NASDAQ:TILE) Has A Somewhat Strained Balance Sheet
Jun 08At US$6.95, Is It Time To Put Interface, Inc. (NASDAQ:TILE) On Your Watch List?
May 12Interface (NASDAQ:TILE) Might Be Having Difficulty Using Its Capital Effectively
Feb 23Here's Why Interface (NASDAQ:TILE) Has A Meaningful Debt Burden
Feb 03At US$10.39, Is Interface, Inc. (NASDAQ:TILE) Worth Looking At Closely?
Dec 10Returns On Capital Signal Tricky Times Ahead For Interface (NASDAQ:TILE)
Oct 30Is Interface (NASDAQ:TILE) Using Too Much Debt?
Sep 27Interface declares $0.01 dividend
Aug 16If EPS Growth Is Important To You, Interface (NASDAQ:TILE) Presents An Opportunity
Aug 06Interface reports Q2 earnings miss; updates FY22 guidance and issues Q3 outlook
Aug 05Interface (NASDAQ:TILE) May Have Issues Allocating Its Capital
Jul 20Is Interface (NASDAQ:TILE) A Risky Investment?
Apr 06Some Investors May Be Worried About Interface's (NASDAQ:TILE) Returns On Capital
Mar 03Is Interface (NASDAQ:TILE) Using Too Much Debt?
Nov 30Returns On Capital At Interface (NASDAQ:TILE) Paint A Concerning Picture
Nov 08Interface (NASDAQ:TILE) Has A Somewhat Strained Balance Sheet
Aug 11Financial Position Analysis
Short Term Liabilities: TILE's short term assets ($583.9M) exceed its short term liabilities ($214.7M).
Long Term Liabilities: TILE's short term assets ($583.9M) do not cover its long term liabilities ($589.4M).
Debt to Equity History and Analysis
Debt Level: TILE's net debt to equity ratio (72%) is considered high.
Reducing Debt: TILE's debt to equity ratio has reduced from 174.9% to 97.9% over the past 5 years.
Debt Coverage: TILE's debt is well covered by operating cash flow (34%).
Interest Coverage: TILE's interest payments on its debt are well covered by EBIT (3.2x coverage).