Tutor Perini Balance Sheet Health
Financial Health criteria checks 4/6
Tutor Perini has a total shareholder equity of $1.3B and total debt of $801.2M, which brings its debt-to-equity ratio to 61.5%. Its total assets and total liabilities are $4.4B and $3.1B respectively. Tutor Perini's EBIT is $17.9M making its interest coverage ratio 0.2. It has cash and short-term investments of $358.3M.
Key information
61.5%
Debt to equity ratio
US$801.17m
Debt
Interest coverage ratio | 0.2x |
Cash | US$358.30m |
Equity | US$1.30b |
Total liabilities | US$3.07b |
Total assets | US$4.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PE2's short term assets ($3.5B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: PE2's short term assets ($3.5B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: PE2's net debt to equity ratio (34%) is considered satisfactory.
Reducing Debt: PE2's debt to equity ratio has increased from 50.1% to 61.5% over the past 5 years.
Debt Coverage: PE2's debt is well covered by operating cash flow (48.1%).
Interest Coverage: PE2's interest payments on its debt are not well covered by EBIT (0.2x coverage).