PTC Balance Sheet Health
Financial Health criteria checks 2/6
PTC has a total shareholder equity of $2.9B and total debt of $2.0B, which brings its debt-to-equity ratio to 68.1%. Its total assets and total liabilities are $6.2B and $3.3B respectively. PTC's EBIT is $533.4M making its interest coverage ratio 4. It has cash and short-term investments of $249.0M.
Key information
68.1%
Debt to equity ratio
US$2.01b
Debt
Interest coverage ratio | 4x |
Cash | US$248.97m |
Equity | US$2.94b |
Total liabilities | US$3.26b |
Total assets | US$6.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PMTA's short term assets ($1.2B) do not cover its short term liabilities ($1.5B).
Long Term Liabilities: PMTA's short term assets ($1.2B) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: PMTA's net debt to equity ratio (59.7%) is considered high.
Reducing Debt: PMTA's debt to equity ratio has increased from 59.2% to 68.1% over the past 5 years.
Debt Coverage: PMTA's debt is well covered by operating cash flow (32.8%).
Interest Coverage: PMTA's interest payments on its debt are well covered by EBIT (4x coverage).