Interface Balance Sheet Health
Financial Health criteria checks 5/6
Interface has a total shareholder equity of $501.6M and total debt of $337.9M, which brings its debt-to-equity ratio to 67.4%. Its total assets and total liabilities are $1.2B and $741.7M respectively. Interface's EBIT is $137.3M making its interest coverage ratio 5.5. It has cash and short-term investments of $115.6M.
Key information
67.4%
Debt to equity ratio
US$337.94m
Debt
| Interest coverage ratio | 5.5x |
| Cash | US$115.60m |
| Equity | US$501.56m |
| Total liabilities | US$741.70m |
| Total assets | US$1.24b |
Recent financial health updates
We Think Interface (NASDAQ:TILE) Can Stay On Top Of Its Debt
Oct 12
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 03Recent updates
Interface's (NASDAQ:TILE) Returns Have Hit A Wall
Dec 19Interface: Market Participants Have Already Priced In The Company's Potential
Nov 06Interface, Inc.'s (NASDAQ:TILE) 28% Price Boost Is Out Of Tune With Revenues
Nov 03We Think Interface (NASDAQ:TILE) Can Stay On Top Of Its Debt
Oct 12What Does Interface, Inc.'s (NASDAQ:TILE) Share Price Indicate?
Sep 09Interface Is Leveraging Sustainable And Modular Flooring Trends For Growth
Aug 08Interface, Inc. Just Recorded A 27% EPS Beat: Here's What Analysts Are Forecasting Next
Aug 07Investors Don't See Light At End Of Interface, Inc.'s (NASDAQ:TILE) Tunnel
Jul 14Interface (NASDAQ:TILE) Hasn't Managed To Accelerate Its Returns
Jun 07Is There Now An Opportunity In Interface, Inc. (NASDAQ:TILE)?
Apr 11We 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 10Financial Position Analysis
Short Term Liabilities: TILE's short term assets ($608.2M) exceed its short term liabilities ($236.4M).
Long Term Liabilities: TILE's short term assets ($608.2M) exceed its long term liabilities ($505.3M).
Debt to Equity History and Analysis
Debt Level: TILE's net debt to equity ratio (44.3%) is considered high.
Reducing Debt: TILE's debt to equity ratio has reduced from 177.4% to 67.4% over the past 5 years.
Debt Coverage: TILE's debt is well covered by operating cash flow (40.9%).
Interest Coverage: TILE's interest payments on its debt are well covered by EBIT (5.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 23:31 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/29 |
| 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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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 .
Analyst Sources
Interface, Inc. is covered by 14 analysts. 3 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 |
|---|---|
| Stephen Kim | Barclays |
| Alexander Paris | Barrington Research Associates, Inc. |
| Matthew McCall | BB&T Capital Markets |