Tecan Group Balance Sheet Health
Financial Health criteria checks 5/6
Tecan Group has a total shareholder equity of CHF1.3B and total debt of CHF250.4M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are CHF2.1B and CHF725.1M respectively. Tecan Group's EBIT is CHF135.6M making its interest coverage ratio -38.5. It has cash and short-term investments of CHF366.4M.
Key information
18.6%
Debt to equity ratio
CHF250.40m
Debt
| Interest coverage ratio | -38.5x |
| Cash | CHF366.42m |
| Equity | CHF1.35b |
| Total liabilities | CHF725.06m |
| Total assets | CHF2.07b |
Recent financial health updates
Tecan Group (VTX:TECN) Could Easily Take On More Debt
Dec 05
Tecan Group (VTX:TECN) Could Easily Take On More Debt
Sep 01Tecan Group (VTX:TECN) Seems To Use Debt Rather Sparingly
May 26Here's Why Tecan Group (VTX:TECN) Can Manage Its Debt Responsibly
Dec 02Is Tecan Group (VTX:TECN) Using Too Much Debt?
Sep 02Does Tecan Group (VTX:TECN) Have A Healthy Balance Sheet?
Apr 04Recent updates
Calculating The Fair Value Of Tecan Group AG (VTX:TECN)
Apr 20Tecan Group AG's (VTX:TECN) Business Is Yet to Catch Up With Its Share Price
Apr 02Tecan Group (VTX:TECN) Could Easily Take On More Debt
Dec 05A Look At The Intrinsic Value Of Tecan Group AG (VTX:TECN)
Nov 15Tecan Group (VTX:TECN) Could Easily Take On More Debt
Sep 01Tecan Group AG's (VTX:TECN) Intrinsic Value Is Potentially 37% Above Its Share Price
Aug 11Tecan Group (VTX:TECN) Seems To Use Debt Rather Sparingly
May 26Why We Think Shareholders May Be Considering Bumping Up Tecan Group AG's (VTX:TECN) CEO Compensation
Apr 11Here's Why Tecan Group (VTX:TECN) Can Manage Its Debt Responsibly
Dec 02Is Tecan Group (VTX:TECN) Using Too Much Debt?
Sep 02Should You Be Adding Tecan Group (VTX:TECN) To Your Watchlist Today?
Jun 15Does Tecan Group (VTX:TECN) Have A Healthy Balance Sheet?
Apr 04Tecan Group (VTX:TECN) Has Announced That It Will Be Increasing Its Dividend To CHF2.80
Mar 17With EPS Growth And More, Tecan Group (VTX:TECN) Is Interesting
Mar 09With EPS Growth And More, Tecan Group (VTX:TECN) Is Interesting
Nov 24Is Now The Time To Put Tecan Group (VTX:TECN) On Your Watchlist?
Aug 26Is Now The Time To Put Tecan Group (VTX:TECN) On Your Watchlist?
May 28Are Institutions Heavily Invested In Tecan Group Ltd.'s (VTX:TECN) Shares?
Mar 18Here's Why I Think Tecan Group (VTX:TECN) Might Deserve Your Attention Today
Feb 01Is Tecan Group's (VTX:TECN) 188% Share Price Increase Well Justified?
Jan 12What Type Of Shareholders Own The Most Number of Tecan Group Ltd. (VTX:TECN) Shares?
Dec 18Declining Stock and Solid Fundamentals: Is The Market Wrong About Tecan Group Ltd. (VTX:TECN)?
Nov 30Introducing Tecan Group (VTX:TECN), The Stock That Zoomed 202% In The Last Five Years
Jul 15Financial Position Analysis
Short Term Liabilities: TECN's short term assets (CHF850.6M) exceed its short term liabilities (CHF296.9M).
Long Term Liabilities: TECN's short term assets (CHF850.6M) exceed its long term liabilities (CHF428.1M).
Debt to Equity History and Analysis
Debt Level: TECN has more cash than its total debt.
Reducing Debt: TECN's debt to equity ratio has increased from 0.4% to 18.6% over the past 5 years.
Debt Coverage: TECN's debt is well covered by operating cash flow (64.1%).
Interest Coverage: TECN earns more interest than it pays, so coverage of interest payments is not a concern.