Toll Brothers Balance Sheet Health
Financial Health criteria checks 6/6
Toll Brothers has a total shareholder equity of $7.3B and total debt of $2.8B, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are $13.3B and $5.9B respectively. Toll Brothers's EBIT is $2.1B making its interest coverage ratio -50.8. It has cash and short-term investments of $1.0B.
Key information
38.7%
Debt to equity ratio
US$2.84b
Debt
Interest coverage ratio | -50.8x |
Cash | US$1.03b |
Equity | US$7.32b |
Total liabilities | US$5.93b |
Total assets | US$13.25b |
Recent financial health updates
Recent updates
Toll 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 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 19Financial Position Analysis
Short Term Liabilities: TOL's short term assets ($11.5B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: TOL's short term assets ($11.5B) exceed its long term liabilities ($3.3B).
Debt to Equity History and Analysis
Debt Level: TOL's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: TOL's debt to equity ratio has reduced from 73.2% to 38.7% over the past 5 years.
Debt Coverage: TOL's debt is well covered by operating cash flow (44.9%).
Interest Coverage: TOL earns more interest than it pays, so coverage of interest payments is not a concern.