Taylor Wimpey Balance Sheet Health
Financial Health criteria checks 6/6
Taylor Wimpey has a total shareholder equity of £4.4B and total debt of £84.7M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are £6.3B and £1.8B respectively. Taylor Wimpey's EBIT is £412.2M making its interest coverage ratio -17.9. It has cash and short-term investments of £668.7M.
Key information
1.9%
Debt to equity ratio
UK£84.70m
Debt
| Interest coverage ratio | -17.9x |
| Cash | UK£668.70m |
| Equity | UK£4.43b |
| Total liabilities | UK£1.85b |
| Total assets | UK£6.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TWOD.Y's short term assets (£6.1B) exceed its short term liabilities (£1.2B).
Long Term Liabilities: TWOD.Y's short term assets (£6.1B) exceed its long term liabilities (£652.1M).
Debt to Equity History and Analysis
Debt Level: TWOD.Y has more cash than its total debt.
Reducing Debt: TWOD.Y's debt to equity ratio has reduced from 3% to 1.9% over the past 5 years.
Debt Coverage: TWOD.Y's debt is well covered by operating cash flow (249.9%).
Interest Coverage: TWOD.Y earns more interest than it pays, so coverage of interest payments is not a concern.