Tootsie Roll Industries Balance Sheet Health
Financial Health criteria checks 6/6
Tootsie Roll Industries has a total shareholder equity of $823.1M and total debt of $8.6M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are $1.1B and $261.3M respectively. Tootsie Roll Industries's EBIT is $117.3M making its interest coverage ratio -24.1. It has cash and short-term investments of $171.4M.
Key information
1.0%
Debt to equity ratio
US$8.59m
Debt
| Interest coverage ratio | -24.1x |
| Cash | US$171.42m |
| Equity | US$823.11m |
| Total liabilities | US$261.28m |
| Total assets | US$1.08b |
Recent financial health updates
We Think Tootsie Roll Industries (NYSE:TR) Can Manage Its Debt With Ease
Apr 12
Tootsie Roll Industries (NYSE:TR) Has A Rock Solid Balance Sheet
Dec 25Here's Why Tootsie Roll Industries (NYSE:TR) Can Manage Its Debt Responsibly
Sep 23These 4 Measures Indicate That Tootsie Roll Industries (NYSE:TR) Is Using Debt Reasonably Well
Jun 12Tootsie Roll Industries (NYSE:TR) Could Easily Take On More Debt
Feb 22Is Tootsie Roll Industries (NYSE:TR) A Risky Investment?
Nov 17Recent updates
We Think Tootsie Roll Industries (NYSE:TR) Can Manage Its Debt With Ease
Apr 12Do Tootsie Roll Industries' (NYSE:TR) Earnings Warrant Your Attention?
Mar 18Tootsie Roll Industries (NYSE:TR) Is Experiencing Growth In Returns On Capital
Feb 23Tootsie Roll Industries (NYSE:TR) Has A Rock Solid Balance Sheet
Dec 25Tootsie Roll: Solid Business But No See's Candy
Dec 14Do Tootsie Roll Industries' (NYSE:TR) Earnings Warrant Your Attention?
Dec 06Tootsie Roll Industries: Cost Inflation Spices Up Growth
Dec 01Tootsie Roll Industries' (NYSE:TR) Returns On Capital Are Heading Higher
Oct 31Here's Why Tootsie Roll Industries (NYSE:TR) Can Manage Its Debt Responsibly
Sep 23Tootsie Roll Industries: Strong Revenue Growth But Margin Pressure Remains
Sep 08With EPS Growth And More, Tootsie Roll Industries (NYSE:TR) Makes An Interesting Case
Aug 30Here's What To Make Of Tootsie Roll Industries' (NYSE:TR) Decelerating Rates Of Return
Jul 18Tootsie Roll Industries: Don't Expect Rocket-Like Growth, Hold It For The Dividend
Jun 29These 4 Measures Indicate That Tootsie Roll Industries (NYSE:TR) Is Using Debt Reasonably Well
Jun 12Tootsie Roll Industries: Still Expensive Despite Great Performance
May 23Is Now The Time To Put Tootsie Roll Industries (NYSE:TR) On Your Watchlist?
May 23Returns Are Gaining Momentum At Tootsie Roll Industries (NYSE:TR)
Apr 11Tootsie Roll Industries (NYSE:TR) Could Easily Take On More Debt
Feb 22Does Tootsie Roll Industries (NYSE:TR) Deserve A Spot On Your Watchlist?
Feb 04Tootsie Roll Industries: Still Strong Trends But No Upside Potential
Jan 30Returns At Tootsie Roll Industries (NYSE:TR) Appear To Be Weighed Down
Dec 30Is Tootsie Roll Industries (NYSE:TR) A Risky Investment?
Nov 17Tootsie Roll: Improved Results But Stock Priced For Indigestion
Nov 14Tootsie Roll drops as Spruce Point says its short again post Halloween
Nov 01Here's Why We Think Tootsie Roll Industries (NYSE:TR) Is Well Worth Watching
Oct 30Tootsie Roll Industries (NYSE:TR) Has More To Do To Multiply In Value Going Forward
Sep 20Tootsie Roll Industries: A Great Company With Limited Upside
Aug 30Is Tootsie Roll Industries (NYSE:TR) A Risky Investment?
Aug 11If EPS Growth Is Important To You, Tootsie Roll Industries (NYSE:TR) Presents An Opportunity
Jul 21Tootsie Roll Industries (NYSE:TR) Has More To Do To Multiply In Value Going Forward
Jun 08Tootsie Roll Industries: Opinion Unchanged
May 02Is Tootsie Roll Industries (NYSE:TR) Using Too Much Debt?
Apr 23If You Like EPS Growth Then Check Out Tootsie Roll Industries (NYSE:TR) Before It's Too Late
Mar 28Tootsie Roll Industries' (NYSE:TR) Returns On Capital Not Reflecting Well On The Business
Feb 10A Safer Way To Play Tootsie Roll Industries
Jan 26Tootsie Roll Industries (NYSE:TR) Has A Rock Solid Balance Sheet
Jan 21Tootsie Roll Industries: Solid For Defensive Investors
Dec 13Tootsie Roll Industries (NYSE:TR) Has Some Difficulty Using Its Capital Effectively
Nov 08Does Tootsie Roll Industries (NYSE:TR) Have A Healthy Balance Sheet?
Oct 21Tootsie Roll: Once Again, The Good News Is Priced In
Sep 08Capital Allocation Trends At Tootsie Roll Industries (NYSE:TR) Aren't Ideal
Jul 26Tootsie Roll Industries (NYSE:TR) Seems To Use Debt Quite Sensibly
Jul 05Tootsie Roll's Valuation Is Far From Sweet
Jul 04We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Tootsie Roll Industries, Inc.'s (NYSE:TR) CEO For Now
Apr 26Tootsie Roll Industries (NYSE:TR) May Have Issues Allocating Its Capital
Apr 06Would Tootsie Roll Industries, Inc. (NYSE:TR) Be Valuable To Income Investors?
Mar 18Tootsie Roll Industries (NYSE:TR) Could Be A Buy For Its Upcoming Dividend
Feb 28These 4 Measures Indicate That Tootsie Roll Industries (NYSE:TR) Is Using Debt Reasonably Well
Feb 09
Taking Profits In Tootsie Roll
Jan 29Tootsie Roll Is A Great Bond Substitute
Nov 09Financial Position Analysis
Short Term Liabilities: TR's short term assets ($340.7M) exceed its short term liabilities ($94.9M).
Long Term Liabilities: TR's short term assets ($340.7M) exceed its long term liabilities ($166.4M).
Debt to Equity History and Analysis
Debt Level: TR has more cash than its total debt.
Reducing Debt: TR's debt to equity ratio has reduced from 1% to 1% over the past 5 years.
Debt Coverage: TR's debt is well covered by operating cash flow (1101.7%).
Interest Coverage: TR earns more interest than it pays, so coverage of interest payments is not a concern.