TTEC Holdings Balance Sheet Health
Financial Health criteria checks 1/6
TTEC Holdings has a total shareholder equity of $295.1M and total debt of $1.0B, which brings its debt-to-equity ratio to 347.3%. Its total assets and total liabilities are $1.8B and $1.5B respectively. TTEC Holdings's EBIT is $81.5M making its interest coverage ratio 1. It has cash and short-term investments of $96.9M.
Key information
347.3%
Debt to equity ratio
US$1.03b
Debt
| Interest coverage ratio | 1x |
| Cash | US$96.93m |
| Equity | US$295.13m |
| Total liabilities | US$1.53b |
| Total assets | US$1.83b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TH1's short term assets ($653.1M) exceed its short term liabilities ($338.7M).
Long Term Liabilities: TH1's short term assets ($653.1M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: TH1's net debt to equity ratio (314.5%) is considered high.
Reducing Debt: TH1's debt to equity ratio has increased from 51.4% to 347.3% over the past 5 years.
Debt Coverage: TH1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TH1's interest payments on its debt are not well covered by EBIT (1x coverage).