Turning Point Brands (TPB) Debt Metrics
Market Cap: $1.05B
Avg Volume: 219.55K
Industry: Tobacco
Sector: Consumer Defensive
How much debt does Turning Point Brands have?
According to Turning Point Brands's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Turning Point Brands's total debt stands at $258.15M. This is broken down into:
- Long-term debt: $258.15M
- Short-term debt: $-
The company's net debt, which accounts for cash and cash equivalents, is $212.00M. In terms of overall financial obligations, Turning Point Brands's total liabilities amount to $302.97M.
Debt Ratios and Metrics
To better understand Turning Point Brands's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 1.36 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 52.33% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 5.78 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 57.55% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 57.55% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Turning Point Brands'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
$258.15M
Long-term Debt
$258.15M
Short-term Debt
$-
Net Debt
$212.00M
Total Liabilities
$302.97M
Interest Coverage
5.78
Debt to Equity Ratio
1.36
Debt Ratio
52.33%
Turning Point Brands Historical Debt Metrics
Turning Point Brands 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 | $258.15M | $258.15M | $- | $212.00M | $302.97M | 1.36 | 52.33% | 5.78 | 57.55% | 57.55% |
| 2023 | $377.99M | $317.01M | $60.97M | $260.10M | $417.35M | 2.50 | 66.39% | 5.64 | 67.04% | 71.46% |
| 2022 | $417.35M | $417.35M | $3.10M | $310.95M | $458.73M | 3.74 | 72.95% | 3.87 | 78.46% | 78.89% |
| 2021 | $427.51M | $427.51M | $2.98M | $299.19M | $467.84M | 3.25 | 71.07% | 4.41 | 75.91% | 76.49% |
| 2020 | $306.08M | $318.23M | $15.23M | $264.31M | $358.49M | 2.41 | 62.55% | 3.17 | 70.44% | 70.71% |
| 2019 | $295.26M | $280.02M | $17.46M | $200.01M | $340.00M | 2.77 | 66.11% | 1.55 | 71.62% | 73.48% |
| 2018 | $220.72M | $186.72M | $34.00M | $217.41M | $256.75M | 2.67 | 65.04% | 3.21 | 69.32% | 72.76% |
| 2017 | $202.04M | $186.19M | $15.85M | $199.43M | $228.95M | 3.79 | 71.58% | 2.93 | 77.74% | 79.12% |
| 2016 | $218.22M | $201.54M | $16.68M | $215.36M | $250.96M | 6.41 | 76.56% | 1.64 | 85.54% | 86.50% |
| 2015 | $298.70M | $290.77M | $1.67M | $293.86M | $330.33M | -3.66 | 120.09% | 1.30 | 139.02% | 137.59% |
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