Taylor Morrison Home Balance Sheet Health
Financial Health criteria checks 5/6
Taylor Morrison Home has a total shareholder equity of $5.7B and total debt of $2.1B, which brings its debt-to-equity ratio to 37.4%. Its total assets and total liabilities are $9.3B and $3.6B respectively. Taylor Morrison Home's EBIT is $1.1B making its interest coverage ratio 164.3. It has cash and short-term investments of $256.4M.
Key information
37.4%
Debt to equity ratio
US$2.14b
Debt
| Interest coverage ratio | 164.3x |
| Cash | US$256.45m |
| Equity | US$5.72b |
| Total liabilities | US$3.58b |
| Total assets | US$9.30b |
Recent financial health updates
Taylor Morrison Home (NYSE:TMHC) Has A Somewhat Strained Balance Sheet
Sep 08
Is Taylor Morrison Home (NYSE:TMHC) Using Too Much Debt?
Jun 09Is Taylor Morrison Home (NYSE:TMHC) Using Too Much Debt?
Jan 20Recent updates
Fewer Investors Than Expected Jumping On Taylor Morrison Home Corporation (NYSE:TMHC)
Nov 24At US$68.48, Is Taylor Morrison Home Corporation (NYSE:TMHC) Worth Looking At Closely?
Oct 15Taylor Morrison Home (NYSE:TMHC) Has A Somewhat Strained Balance Sheet
Sep 08Taylor Morrison Home Corporation: Despite Weaknesses, Picture For The Business Is Bullish
Sep 01It's A Story Of Risk Vs Reward With Taylor Morrison Home Corporation (NYSE:TMHC)
Aug 21What Is Taylor Morrison Home Corporation's (NYSE:TMHC) Share Price Doing?
Jun 28Is Taylor Morrison Home (NYSE:TMHC) Using Too Much Debt?
Jun 09Taylor Morrison Home Corporation: After Rising Through The Roof, Shares Offer Additional Upside
May 26Taylor Morrison Home Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
May 03Earnings Working Against Taylor Morrison Home Corporation's (NYSE:TMHC) Share Price
Apr 14Is It Time To Consider Buying Taylor Morrison Home Corporation (NYSE:TMHC)?
Mar 11Taylor Morrison Home: Fairly Priced As Momentum Builds For 2025
Mar 11Taylor Morrison Home Corporation (NYSE:TMHC) Shares Could Be 27% Above Their Intrinsic Value Estimate
Feb 05Taylor Morrison Home Corporation: Cheap With Caveats
Jan 27Is Taylor Morrison Home (NYSE:TMHC) Using Too Much Debt?
Jan 20Taylor Morrison: Reasonable Valuation And Approaching Bottom (Rating Upgrade)
Nov 14Taylor Morrison: Comes Down To Supply-Demand
Aug 30Taylor Morrison Home: Moving To Neutral Post The Recent Run-Up (Rating Downgrade)
Jun 16Taylor Morrison Home Corporation Q4 2022 Earnings Preview
Feb 14Financial Position Analysis
Short Term Liabilities: TMHC's short term assets ($7.8B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: TMHC's short term assets ($7.8B) exceed its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: TMHC's net debt to equity ratio (33%) is considered satisfactory.
Reducing Debt: TMHC's debt to equity ratio has reduced from 85.1% to 37.4% over the past 5 years.
Debt Coverage: TMHC's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: TMHC's interest payments on its debt are well covered by EBIT (164.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 16:40 |
| 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
Taylor Morrison Home Corporation is covered by 25 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 |
|---|---|
| Ishan Majumdar | Baptista Research |
| Matthew Bouley | Barclays |
| Alexander Rygiel | B. Riley Securities, Inc. |