TPG Telecom Balance Sheet Health
Financial Health criteria checks 4/6
TPG Telecom has a total shareholder equity of A$11.5B and total debt of A$4.2B, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are A$19.4B and A$7.9B respectively. TPG Telecom's EBIT is A$395.0M making its interest coverage ratio 8.6. It has cash and short-term investments of A$77.0M.
Key information
36.5%
Debt to equity ratio
AU$4.19b
Debt
| Interest coverage ratio | 8.6x |
| Cash | AU$77.00m |
| Equity | AU$11.48b |
| Total liabilities | AU$7.91b |
| Total assets | AU$19.39b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPG's short term assets (A$1.2B) do not cover its short term liabilities (A$1.5B).
Long Term Liabilities: TPG's short term assets (A$1.2B) do not cover its long term liabilities (A$6.4B).
Debt to Equity History and Analysis
Debt Level: TPG's net debt to equity ratio (35.8%) 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 (42.2%).
Interest Coverage: TPG's interest payments on its debt are well covered by EBIT (8.6x coverage).