TimkenSteel (TMST) Debt Metrics
Market Cap: $895.35M
Avg Volume: 254.47K
Industry: Steel
Sector: Basic Materials
How much debt does TimkenSteel have?
According to TimkenSteel's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
TimkenSteel's total debt stands at $17.10M. This is broken down into:
- Long-term debt: $6.90M
- Short-term debt: $10.20M
The company's net debt, which accounts for cash and cash equivalents, is $-223.60M. In terms of overall financial obligations, TimkenSteel's total liabilities amount to $426.20M.
Debt Ratios and Metrics
To better understand TimkenSteel's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.02 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 1.53% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 4.00 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 0.99% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 2.42% - this indicates the total debt in the company's capital structure.
These metrics provide insight into TimkenSteel's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$17.10M
Long-term Debt
$6.90M
Short-term Debt
$10.20M
Net Debt
$-223.60M
Total Liabilities
$426.20M
Interest Coverage
4.00
Debt to Equity Ratio
0.02
Debt Ratio
1.53%
TimkenSteel Historical Debt Metrics
TimkenSteel Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $17.10M | $6.90M | $10.20M | $-223.60M | $426.20M | 0.02 | 1.53% | 4.00 | 0.99% | 2.42% |
| 2023 | $24.60M | $6.40M | $18.20M | $-256.00M | $443.70M | 0.03 | 2.09% | 37.74 | 0.00% | 3.25% |
| 2022 | $32.90M | $6.50M | $26.40M | $-224.30M | $395.50M | 0.05 | 3.04% | 28.74 | 0.94% | 4.57% |
| 2021 | $59.40M | $8.80M | $50.60M | $-200.20M | $494.30M | 0.09 | 5.13% | 32.69 | 1.31% | 8.20% |
| 2020 | $99.20M | $52.80M | $46.40M | $-3.60M | $486.50M | 0.20 | 9.98% | -3.66 | 9.42% | 16.35% |
| 2019 | $183.00M | $176.80M | $6.20M | $155.90M | $522.10M | 0.32 | 15.09% | -3.82 | 23.04% | 24.53% |
| 2018 | $189.10M | $189.10M | $- | $167.50M | $662.40M | 0.31 | 13.61% | 1.66 | 23.58% | 23.58% |
| 2017 | $165.30M | $165.30M | $- | $140.80M | $595.60M | 0.29 | 14.29% | -1.53 | 22.77% | 22.77% |
| 2016 | $136.60M | $136.60M | $- | $111.00M | $472.50M | 0.23 | 12.77% | -7.33 | 18.61% | 18.61% |
| 2015 | $200.20M | $200.20M | $- | $157.80M | $454.70M | 0.29 | 17.52% | -27.32 | 22.69% | 22.69% |
Related Metrics
Explore detailed financial metrics and analysis for TMST.