Turning Point Brands Balance Sheet Health
Financial Health criteria checks 4/6
Turning Point Brands has a total shareholder equity of $186.8M and total debt of $248.3M, which brings its debt-to-equity ratio to 132.9%. Its total assets and total liabilities are $488.0M and $301.3M respectively. Turning Point Brands's EBIT is $90.1M making its interest coverage ratio 6.7. It has cash and short-term investments of $33.6M.
Key information
132.9%
Debt to equity ratio
US$248.28m
Debt
| Interest coverage ratio | 6.7x |
| Cash | US$33.56m |
| Equity | US$186.76m |
| Total liabilities | US$301.25m |
| Total assets | US$488.01m |
Recent financial health updates
Does Turning Point Brands (NYSE:TPB) Have A Healthy Balance Sheet?
Jun 08
We Think Turning Point Brands (NYSE:TPB) Is Taking Some Risk With Its Debt
Feb 25Recent updates
Turning Point Brands, Inc.'s (NYSE:TPB) P/E Still Appears To Be Reasonable
Nov 07Turning Point Brands: Why This Tobacco Stock Winner Has More Room To Run
Oct 14TPB: A Growth Nicotine And Cannabis-Adjacent Co. That Can Be A Share Buyback Machine
Aug 08Turning Point Brands Q2: Great Underlying Growth Goes Unnoticed
Aug 02Turning Point Brands: Stable Business With Great Cash Flow Yield
May 22Turning Point Brands' (NYSE:TPB) Dividend Will Be Increased To $0.07
Mar 19Turning Point Brands (NYSE:TPB) Has Affirmed Its Dividend Of $0.07
Mar 03Turning Point Brands, Inc. (NYSE:TPB) Doing What It Can To Lift Shares
Mar 01Turning Point Brands: Entry Into Oral Nicotine Pouch Category Is A 2024 Catalyst
Mar 01Turning Point Brands (NYSE:TPB) Has Affirmed Its Dividend Of $0.065
Dec 07Turning Point: Double-Digit Growth Of Stoker's MST May Imply Undervaluation
Nov 11Turning Point Brands (NYSE:TPB) Will Pay A Dividend Of $0.065
Aug 28Turning Point Brands' (NYSE:TPB) Dividend Will Be $0.065
Aug 09Turning Point Brands Reports Positive Q2 Income And Free Cash Flow
Aug 04Does Turning Point Brands (NYSE:TPB) Have A Healthy Balance Sheet?
Jun 08Turning Point Brands (NYSE:TPB) Is Due To Pay A Dividend Of $0.065
May 21Turning Point Brands' (NYSE:TPB) Dividend Will Be $0.065
May 07Turning Point Brands (NYSE:TPB) Is Paying Out A Dividend Of $0.065
Feb 27We Think Turning Point Brands (NYSE:TPB) Is Taking Some Risk With Its Debt
Feb 25Turning Point Brands Q4 2022 Earnings Preview
Feb 23Has Turning Point Brands Reached A Turning Point?
Jan 26Turning Point Brands Q3 2022 Earnings Preview
Oct 25Turning Point Brands guides Q3 sales above consensus, revises full-year outlook
Oct 17Turning Point Brands: Short-Term Pain, Long-Term Gain
Aug 27Turning Point Brands' (NYSE:TPB) Dividend Will Be $0.06
Aug 19Turning Point Brands declares $0.06 dividend
Aug 03Turning Point Brands Non-GAAP EPS of $0.70 misses by $0.03, revenue of $102.9M misses by $2.96M
Jul 27Turning Point Brands (NYSE:TPB) Has Re-Affirmed Its Dividend Of US$0.06
Jun 04Turning Point Brands: Some Risk But Ready For Growth
Jun 02Financial Position Analysis
Short Term Liabilities: TPB's short term assets ($184.8M) exceed its short term liabilities ($43.9M).
Long Term Liabilities: TPB's short term assets ($184.8M) do not cover its long term liabilities ($257.3M).
Debt to Equity History and Analysis
Debt Level: TPB's net debt to equity ratio (115%) is considered high.
Reducing Debt: TPB's debt to equity ratio has reduced from 332.3% to 132.9% over the past 5 years.
Debt Coverage: TPB's debt is well covered by operating cash flow (30.7%).
Interest Coverage: TPB's interest payments on its debt are well covered by EBIT (6.7x coverage).