Tharisa Balance Sheet Health
Financial Health criteria checks 6/6
Tharisa has a total shareholder equity of $675.2M and total debt of $136.9M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are $1.1B and $412.9M respectively. Tharisa's EBIT is $101.7M making its interest coverage ratio 89. It has cash and short-term investments of $278.8M.
Key information
20.3%
Debt to equity ratio
US$136.94m
Debt
| Interest coverage ratio | 89x |
| Cash | US$278.80m |
| Equity | US$675.18m |
| Total liabilities | US$412.87m |
| Total assets | US$1.09b |
Recent financial health updates
Is Tharisa (JSE:THA) Using Too Much Debt?
Jan 26
Tharisa (JSE:THA) Seems To Use Debt Rather Sparingly
Jul 20Tharisa (JSE:THA) Has A Pretty Healthy Balance Sheet
Jan 12Recent updates
Tharisa's (JSE:THA) Solid Profits Have Weak Fundamentals
Dec 12Some Investors May Be Worried About Tharisa's (JSE:THA) Returns On Capital
Dec 06Tharisa (JSE:THA) Could Be Struggling To Allocate Capital
Aug 12Tharisa's (JSE:THA) Shareholders Will Receive A Smaller Dividend Than Last Year
May 30Why We Like The Returns At Tharisa (JSE:THA)
Apr 28Growth Investors: Industry Analysts Just Upgraded Their Tharisa plc (JSE:THA) Revenue Forecasts By 12%
Apr 09Here's Why I Think Tharisa (JSE:THA) Might Deserve Your Attention Today
Apr 06Is Tharisa (JSE:THA) Using Too Much Debt?
Jan 26Calculating The Fair Value Of Tharisa plc (JSE:THA)
Nov 28Tharisa (JSE:THA) Seems To Use Debt Rather Sparingly
Jul 20Should You Be Adding Tharisa (JSE:THA) To Your Watchlist Today?
Jun 19Investors Shouldn't Overlook Tharisa's (JSE:THA) Impressive Returns On Capital
May 25Need To Know: Analysts Are Much More Bullish On Tharisa plc (JSE:THA) Revenues
Apr 15Do Its Financials Have Any Role To Play In Driving Tharisa plc's (JSE:THA) Stock Up Recently?
Feb 26Tharisa (JSE:THA) Is Very Good At Capital Allocation
Feb 08
Tharisa (JSE:THA) Has A Pretty Healthy Balance Sheet
Jan 12Why Tharisa's (JSE:THA) CEO Pay Matters
Dec 06Financial Position Analysis
Short Term Liabilities: THA's short term assets ($455.3M) exceed its short term liabilities ($207.1M).
Long Term Liabilities: THA's short term assets ($455.3M) exceed its long term liabilities ($205.8M).
Debt to Equity History and Analysis
Debt Level: THA has more cash than its total debt.
Reducing Debt: THA's debt to equity ratio has reduced from 22% to 20.3% over the past 5 years.
Debt Coverage: THA's debt is well covered by operating cash flow (108.3%).
Interest Coverage: THA's interest payments on its debt are well covered by EBIT (89x coverage).