Toll Brothers Balance Sheet Health
Financial Health criteria checks 6/6
Toll Brothers has a total shareholder equity of $7.0B and total debt of $2.7B, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are $12.5B and $5.5B respectively. Toll Brothers's EBIT is $1.8B making its interest coverage ratio -48.3. It has cash and short-term investments of $754.8M.
Key information
38.7%
Debt to equity ratio
US$2.72b
Debt
| Interest coverage ratio | -48.3x |
| Cash | US$754.79m |
| Equity | US$7.04b |
| Total liabilities | US$5.49b |
| Total assets | US$12.52b |
Recent financial health updates
We Think Toll Brothers (NYSE:TOL) Can Stay On Top Of Its Debt
Apr 03
Is Toll Brothers (NYSE:TOL) Using Too Much Debt?
Nov 12Recent updates
Toll Brothers: Well Positioned To Benefit From Current Macro Backdrop
Apr 16We Think Toll Brothers (NYSE:TOL) Can Stay On Top Of Its Debt
Apr 03Is There Now An Opportunity In Toll Brothers, Inc. (NYSE:TOL)?
Mar 20Toll: Increased Demand Highlights A Strong Q1
Feb 24Toll Brothers, Inc.'s (NYSE:TOL) Low P/E No Reason For Excitement
Feb 21Here's Why We Think Toll Brothers (NYSE:TOL) Is Well Worth Watching
Feb 09An Intrinsic Calculation For Toll Brothers, Inc. (NYSE:TOL) Suggests It's 28% Undervalued
Jan 28Toll Brothers (NYSE:TOL) Will Pay A Dividend Of $0.21
Jan 04Toll Brothers (NYSE:TOL) Is Due To Pay A Dividend Of $0.21
Dec 21Toll Brothers (NYSE:TOL) Is Doing The Right Things To Multiply Its Share Price
Dec 19Toll Brothers: Fiscal Q4 Results Validate The Bullish Case
Dec 11Is Toll Brothers (NYSE:TOL) Using Too Much Debt?
Nov 12Should You Be Adding Toll Brothers (NYSE:TOL) To Your Watchlist Today?
Oct 30Should You Think About Buying Toll Brothers, Inc. (NYSE:TOL) Now?
Oct 15Toll Brothers Can Likely Withstand Higher Rates
Oct 04Toll Brothers (NYSE:TOL) Has Affirmed Its Dividend Of $0.21
Sep 29Financial Position Analysis
Short Term Liabilities: TOL's short term assets ($10.7B) exceed its short term liabilities ($2.3B).
Long Term Liabilities: TOL's short term assets ($10.7B) exceed its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: TOL's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: TOL's debt to equity ratio has reduced from 73.8% to 38.7% over the past 5 years.
Debt Coverage: TOL's debt is well covered by operating cash flow (48.4%).
Interest Coverage: TOL earns more interest than it pays, so coverage of interest payments is not a concern.