Technology One Balance Sheet Health
Financial Health criteria checks 6/6
Technology One has a total shareholder equity of A$317.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$583.6M and A$266.2M respectively. Technology One's EBIT is A$134.1M making its interest coverage ratio -31.2. It has cash and short-term investments of A$172.0M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -31.2x |
Cash | AU$172.00m |
Equity | AU$317.45m |
Total liabilities | AU$266.19m |
Total assets | AU$583.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TNE's short term assets (A$298.6M) exceed its short term liabilities (A$245.7M).
Long Term Liabilities: TNE's short term assets (A$298.6M) exceed its long term liabilities (A$20.5M).
Debt to Equity History and Analysis
Debt Level: TNE is debt free.
Reducing Debt: TNE has not had any debt for past 5 years.
Debt Coverage: TNE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TNE has no debt, therefore coverage of interest payments is not a concern.