Tronox Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Tronox Holdings has a total shareholder equity of $2.3B and total debt of $3.0B, which brings its debt-to-equity ratio to 132%. Its total assets and total liabilities are $6.7B and $4.4B respectively. Tronox Holdings's EBIT is $198.0M making its interest coverage ratio 1.2. It has cash and short-term investments of $291.0M.
Key information
132.0%
Debt to equity ratio
US$2.97b
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$291.00m |
| Equity | US$2.25b |
| Total liabilities | US$4.42b |
| Total assets | US$6.67b |
Recent financial health updates
Here's Why Tronox Holdings (NYSE:TROX) Is Weighed Down By Its Debt Load
Apr 18
Tronox Holdings (NYSE:TROX) Use Of Debt Could Be Considered Risky
Jan 13Does Tronox Holdings (NYSE:TROX) Have A Healthy Balance Sheet?
Jul 18These 4 Measures Indicate That Tronox Holdings (NYSE:TROX) Is Using Debt Extensively
Apr 17Tronox Holdings (NYSE:TROX) Has A Somewhat Strained Balance Sheet
Jan 04Tronox Holdings (NYSE:TROX) Takes On Some Risk With Its Use Of Debt
Sep 13Recent updates
Here's Why Tronox Holdings (NYSE:TROX) Is Weighed Down By Its Debt Load
Apr 18Tronox Holdings plc (NYSE:TROX) Analysts Are Pretty Bullish On The Stock After Recent Results
Feb 24Why We're Not Concerned About Tronox Holdings plc's (NYSE:TROX) Share Price
Feb 09Tronox Holdings: Starting Multiples, Sluggish Returns Offset Potential Outsized Earnings Growth
Jan 31Tronox Holdings (NYSE:TROX) Use Of Debt Could Be Considered Risky
Jan 13When Should You Buy Tronox Holdings plc (NYSE:TROX)?
Nov 28Tronox Holdings (NYSE:TROX) Has Announced A Dividend Of $0.125
Nov 07Is There An Opportunity With Tronox Holdings plc's (NYSE:TROX) 46% Undervaluation?
Oct 23Tronox Holdings: Growth May Be There, But A Fair Price Isn't
Oct 10Tronox Holdings (NYSE:TROX) Is Paying Out A Dividend Of $0.125
Aug 05Does Tronox Holdings (NYSE:TROX) Have A Healthy Balance Sheet?
Jul 18Tronox Holdings: Still Trading At A Double-Digit Free Cash Flow Yield
Jul 06At US$12.15, Is Tronox Holdings plc (NYSE:TROX) Worth Looking At Closely?
May 24Tronox Holdings (NYSE:TROX) Will Pay A Dividend Of $0.125
May 06These 4 Measures Indicate That Tronox Holdings (NYSE:TROX) Is Using Debt Extensively
Apr 17Do Tronox Holdings' (NYSE:TROX) Earnings Warrant Your Attention?
Mar 01Tronox declares $0.125 dividend
Feb 22Tronox: May Not Produce Adequate Returns
Jan 19When Should You Buy Tronox Holdings plc (NYSE:TROX)?
Jan 17Tronox Holdings (NYSE:TROX) Has A Somewhat Strained Balance Sheet
Jan 04Tronox announces CFO transition
Dec 15Do Tronox Holdings' (NYSE:TROX) Earnings Warrant Your Attention?
Nov 30Are Investors Undervaluing Tronox Holdings plc (NYSE:TROX) By 40%?
Nov 16Tronox: Shares Surge As China Stocks Rally, Valuation Looks Good
Nov 13Tronox sees weak titanium products demand for rest of year, shares fall
Oct 27Should You Investigate Tronox Holdings plc (NYSE:TROX) At US$12.74?
Oct 04Tronox Holdings (NYSE:TROX) Takes On Some Risk With Its Use Of Debt
Sep 13Tronox Has Reducing Cyclicality, Pricing Backstops, Reinvestment Economics And Tax Assets
Aug 31Tronox declares $0.125 dividend
Aug 03Is Tronox Holdings (NYSE:TROX) Using Too Much Debt?
Jun 13Tronox Is Going To Be Quite Resilient To A Commodity Reversal
May 16Tronox Is A Good Deleveraging Story, But A Little Too Utility Exposed
Mar 09Financial Position Analysis
Short Term Liabilities: TROX's short term assets ($2.4B) exceed its short term liabilities ($753.0M).
Long Term Liabilities: TROX's short term assets ($2.4B) do not cover its long term liabilities ($3.7B).
Debt to Equity History and Analysis
Debt Level: TROX's net debt to equity ratio (119.1%) is considered high.
Reducing Debt: TROX's debt to equity ratio has reduced from 365.5% to 132% over the past 5 years.
Debt Coverage: TROX's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: TROX's interest payments on its debt are not well covered by EBIT (1.2x coverage).