TPG Balance Sheet Health
Financial Health criteria checks 3/6
TPG has a total shareholder equity of $3.4B and total debt of $1.3B, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are $10.5B and $7.1B respectively. TPG's EBIT is $83.2M making its interest coverage ratio 3.1. It has cash and short-term investments of $1.2B.
Key information
39.3%
Debt to equity ratio
US$1.33b
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$1.16b |
| Equity | US$3.39b |
| Total liabilities | US$7.13b |
| Total assets | US$10.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B81's short term assets ($1.6B) exceed its short term liabilities ($447.7M).
Long Term Liabilities: B81's short term assets ($1.6B) do not cover its long term liabilities ($6.7B).
Debt to Equity History and Analysis
Debt Level: B81's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if B81's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: B81's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: B81's interest payments on its debt are well covered by EBIT (3.1x coverage).