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PTC Balance Sheet Health
Financial Health criteria checks 4/6
PTC has a total shareholder equity of $2.3B and total debt of $1.4B, which brings its debt-to-equity ratio to 58.8%. Its total assets and total liabilities are $4.7B and $3.2B respectively. PTC's EBIT is $496.8M making its interest coverage ratio 10.2. It has cash and short-term investments of $272.2M.
Key information
58.8%
Debt to equity ratio
US$1.35b
Debt
| Interest coverage ratio | 10.2x |
| Cash | US$272.18m |
| Equity | US$2.30b |
| Total liabilities | US$3.16b |
| Total assets | US$4.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PMTA's short term assets ($908.7M) exceed its short term liabilities ($769.7M).
Long Term Liabilities: PMTA's short term assets ($908.7M) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: PMTA's net debt to equity ratio (47%) is considered high.
Reducing Debt: PMTA's debt to equity ratio has reduced from 80.5% to 58.8% over the past 5 years.
Debt Coverage: PMTA's debt is well covered by operating cash flow (32.2%).
Interest Coverage: PMTA's interest payments on its debt are well covered by EBIT (10.2x coverage).