TPG Telecom Balance Sheet Health
Financial Health criteria checks 4/6
TPG Telecom has a total shareholder equity of A$11.6B and total debt of A$4.1B, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are A$19.7B and A$8.1B respectively. TPG Telecom's EBIT is A$384.0M making its interest coverage ratio 64. It has cash and short-term investments of A$118.0M.
Key information
35.1%
Debt to equity ratio
AU$4.08b
Debt
| Interest coverage ratio | 64x |
| Cash | AU$118.00m |
| Equity | AU$11.62b |
| Total liabilities | AU$8.05b |
| Total assets | AU$19.67b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPG's short term assets (A$1.3B) do not cover its short term liabilities (A$1.7B).
Long Term Liabilities: TPG's short term assets (A$1.3B) do not cover its long term liabilities (A$6.3B).
Debt to Equity History and Analysis
Debt Level: TPG's net debt to equity ratio (34.1%) is considered satisfactory.
Reducing Debt: TPG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: TPG's debt is well covered by operating cash flow (37.3%).
Interest Coverage: TPG's interest payments on its debt are well covered by EBIT (64x coverage).