Treasury Wine Estates Balance Sheet Health
Financial Health criteria checks 3/6
Treasury Wine Estates has a total shareholder equity of A$4.8B and total debt of A$1.6B, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are A$8.2B and A$3.5B respectively. Treasury Wine Estates's EBIT is A$499.1M making its interest coverage ratio 6.5. It has cash and short-term investments of A$436.4M.
Key information
33.6%
Debt to equity ratio
AU$1.60b
Debt
Interest coverage ratio | 6.5x |
Cash | AU$436.40m |
Equity | AU$4.76b |
Total liabilities | AU$3.47b |
Total assets | AU$8.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSRY.Y's short term assets (A$2.3B) exceed its short term liabilities (A$916.5M).
Long Term Liabilities: TSRY.Y's short term assets (A$2.3B) do not cover its long term liabilities (A$2.6B).
Debt to Equity History and Analysis
Debt Level: TSRY.Y's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: TSRY.Y's debt to equity ratio has increased from 29% to 33.6% over the past 5 years.
Debt Coverage: TSRY.Y's debt is not well covered by operating cash flow (16.6%).
Interest Coverage: TSRY.Y's interest payments on its debt are well covered by EBIT (6.5x coverage).