Teledyne Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Teledyne Technologies has a total shareholder equity of $9.3B and total debt of $2.8B, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are $14.2B and $4.9B respectively. Teledyne Technologies's EBIT is $1.0B making its interest coverage ratio 16.5. It has cash and short-term investments of $443.3M.
Key information
30.0%
Debt to equity ratio
US$2.80b
Debt
| Interest coverage ratio | 16.5x |
| Cash | US$443.30m |
| Equity | US$9.32b |
| Total liabilities | US$4.90b |
| Total assets | US$14.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TYZ's short term assets ($2.7B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: TYZ's short term assets ($2.7B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: TYZ's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: TYZ's debt to equity ratio has reduced from 32% to 30% over the past 5 years.
Debt Coverage: TYZ's debt is well covered by operating cash flow (37.6%).
Interest Coverage: TYZ's interest payments on its debt are well covered by EBIT (16.5x coverage).