TTM Technologies Balance Sheet Health
Financial Health criteria checks 6/6
TTM Technologies has a total shareholder equity of $1.5B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $3.3B and $1.8B respectively. TTM Technologies's EBIT is $131.5M making its interest coverage ratio 2.8. It has cash and short-term investments of $440.4M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 2.8x |
Cash | US$440.39m |
Equity | US$1.52b |
Total liabilities | US$1.78b |
Total assets | US$3.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TT1's short term assets ($1.4B) exceed its short term liabilities ($671.2M).
Long Term Liabilities: TT1's short term assets ($1.4B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: TT1 is debt free.
Reducing Debt: TT1 has no debt compared to 5 years ago when its debt to equity ratio was 120.1%.
Debt Coverage: TT1 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TT1 has no debt, therefore coverage of interest payments is not a concern.