PTC Balance Sheet Health
Financial Health criteria checks 2/6
PTC has a total shareholder equity of $2.8B and total debt of $2.3B, which brings its debt-to-equity ratio to 80.6%. Its total assets and total liabilities are $6.3B and $5.1B respectively. PTC's EBIT is $487.9M making its interest coverage ratio 3.9. It has cash and short-term investments of $265.0M.
Key information
80.6%
Debt to equity ratio
US$2.26b
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$265.00m |
| Equity | US$2.81b |
| Total liabilities | US$5.14b |
| Total assets | US$6.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P2TC34's short term assets ($943.0M) do not cover its short term liabilities ($1.7B).
Long Term Liabilities: P2TC34's short term assets ($943.0M) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: P2TC34's net debt to equity ratio (71.1%) is considered high.
Reducing Debt: P2TC34's debt to equity ratio has increased from 58.9% to 80.6% over the past 5 years.
Debt Coverage: P2TC34's debt is well covered by operating cash flow (27.3%).
Interest Coverage: P2TC34's interest payments on its debt are well covered by EBIT (3.9x coverage).