Toll Brothers Balance Sheet Health
Financial Health criteria checks 6/6
Toll Brothers has a total shareholder equity of $7.4B and total debt of $2.8B, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are $13.4B and $5.9B respectively. Toll Brothers's EBIT is $2.0B making its interest coverage ratio -49.4. It has cash and short-term investments of $893.4M.
Key information
38.0%
Debt to equity ratio
US$2.82b
Debt
| Interest coverage ratio | -49.4x |
| Cash | US$893.42m |
| Equity | US$7.43b |
| Total liabilities | US$5.93b |
| Total assets | US$13.36b |
Recent financial health updates
We Think Toll Brothers (NYSE:TOL) Can Stay On Top Of Its Debt
Jul 12
We Think Toll Brothers (NYSE:TOL) Can Stay On Top Of Its Debt
Apr 03Recent updates
Toll Brothers: Valuation Has Already Priced In Near-Term Upside
Sep 03Toll Brothers: Demographic Demand, Spec Home Strategy, And Land Control Supporting Growth
Aug 26Toll Brothers (NYSE:TOL) Shareholders Will Want The ROCE Trajectory To Continue
Aug 21Should You Investigate Toll Brothers, Inc. (NYSE:TOL) At US$127?
Aug 09Toll Brothers: Undervalued, And Luxury Home Builder
Jul 31We Think Toll Brothers (NYSE:TOL) Can Stay On Top Of Its Debt
Jul 12Investors Aren't Buying Toll Brothers, Inc.'s (NYSE:TOL) Earnings
Jun 26Toll Brothers: Strong Q2 Demand Opens The Door To Multiple Expansion
May 22If EPS Growth Is Important To You, Toll Brothers (NYSE:TOL) Presents An Opportunity
May 13Toll Brothers (NYSE:TOL) Is Doing The Right Things To Multiply Its Share Price
Apr 30Toll 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 24Financial Position Analysis
Short Term Liabilities: TOL's short term assets ($11.6B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: TOL's short term assets ($11.6B) exceed its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: TOL's net debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: TOL's debt to equity ratio has reduced from 75.3% to 38% over the past 5 years.
Debt Coverage: TOL's debt is well covered by operating cash flow (32.6%).
Interest Coverage: TOL earns more interest than it pays, so coverage of interest payments is not a concern.