Target Hospitality Corp.

NasdaqCM:TH Stock Report

Market Cap: US$932.0m

Target Hospitality Balance Sheet Health

Financial Health criteria checks 6/6

Target Hospitality has a total shareholder equity of $417.6M and total debt of $179.7M, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are $709.8M and $292.2M respectively. Target Hospitality's EBIT is $139.1M making its interest coverage ratio 7.9. It has cash and short-term investments of $177.7M.

Key information

43.0%

Debt to equity ratio

US$179.74m

Debt

Interest coverage ratio7.9x
CashUS$177.75m
EquityUS$417.64m
Total liabilitiesUS$292.15m
Total assetsUS$709.79m

Recent financial health updates

Recent updates

Target Hospitality's (NASDAQ:TH) Earnings Are Of Questionable Quality

Mar 21
Target Hospitality's (NASDAQ:TH) Earnings Are Of Questionable Quality

We Ran A Stock Scan For Earnings Growth And Target Hospitality (NASDAQ:TH) Passed With Ease

Feb 09
We Ran A Stock Scan For Earnings Growth And Target Hospitality (NASDAQ:TH) Passed With Ease

Things Look Grim For Target Hospitality Corp. (NASDAQ:TH) After Today's Downgrade

Dec 16
Things Look Grim For Target Hospitality Corp. (NASDAQ:TH) After Today's Downgrade

Target Hospitality (NASDAQ:TH) Seems To Use Debt Rather Sparingly

Dec 14
Target Hospitality (NASDAQ:TH) Seems To Use Debt Rather Sparingly

Should You Be Adding Target Hospitality (NASDAQ:TH) To Your Watchlist Today?

Nov 01
Should You Be Adding Target Hospitality (NASDAQ:TH) To Your Watchlist Today?

Target Hospitality Corp.'s (NASDAQ:TH) Intrinsic Value Is Potentially 36% Above Its Share Price

Aug 31
Target Hospitality Corp.'s (NASDAQ:TH) Intrinsic Value Is Potentially 36% Above Its Share Price

Is Target Hospitality (NASDAQ:TH) Using Too Much Debt?

Aug 11
Is Target Hospitality (NASDAQ:TH) Using Too Much Debt?

With EPS Growth And More, Target Hospitality (NASDAQ:TH) Makes An Interesting Case

Jul 27
With EPS Growth And More, Target Hospitality (NASDAQ:TH) Makes An Interesting Case

Does Target Hospitality (NASDAQ:TH) Have A Healthy Balance Sheet?

Apr 27
Does Target Hospitality (NASDAQ:TH) Have A Healthy Balance Sheet?

Target Hospitality (NASDAQ:TH) Could Become A Multi-Bagger

Feb 26
Target Hospitality (NASDAQ:TH) Could Become A Multi-Bagger

These 4 Measures Indicate That Target Hospitality (NASDAQ:TH) Is Using Debt Reasonably Well

Jan 03
These 4 Measures Indicate That Target Hospitality (NASDAQ:TH) Is Using Debt Reasonably Well

We Like These Underlying Return On Capital Trends At Target Hospitality (NASDAQ:TH)

Nov 08
We Like These Underlying Return On Capital Trends At Target Hospitality (NASDAQ:TH)

Target Hospitality: Growth Ahead Might Be Modest

Sep 07

Target Hospitality GAAP EPS of $0.24 beats by $0.07, revenue of $109.65M beats by $5.05M

Aug 09

Target Hospitality: Strong Growth, Investors To Expect More Going Forward

Jul 15

Target Hospitality gains 12% pre market on raising FY22 outlook by 53%

Jul 08

Target Hospitality: Further Upside Possible, But Plateau In Growth Possible Longer-Term

May 16

Financial Position Analysis

Short Term Liabilities: TH's short term assets ($231.4M) exceed its short term liabilities ($229.3M).

Long Term Liabilities: TH's short term assets ($231.4M) exceed its long term liabilities ($62.9M).


Debt to Equity History and Analysis

Debt Level: TH's net debt to equity ratio (0.5%) is considered satisfactory.

Reducing Debt: TH's debt to equity ratio has reduced from 279.4% to 43% over the past 5 years.

Debt Coverage: TH's debt is well covered by operating cash flow (88.7%).

Interest Coverage: TH's interest payments on its debt are well covered by EBIT (7.9x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 04:37
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Target Hospitality Corp. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin McVeighCredit Suisse
Gregory GibasNorthland Capital Markets
Scott SchneebergerOppenheimer & Co. Inc.