TT Electronics Financial Health

How is TT Electronics's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TTG's short term assets (£375.1M) exceed its short term liabilities (£192.7M).

Long Term Liabilities: TTG's short term assets (£375.1M) exceed its long term liabilities (£230.2M).


Debt to Equity History and Analysis

Debt Level: TTG's net debt to equity ratio (33%) is considered satisfactory.

Reducing Debt: TTG's debt to equity ratio has increased from 48.3% to 54.2% over the past 5 years.

Debt Coverage: TTG's debt is not well covered by operating cash flow (3.6%).

Interest Coverage: TTG's interest payments on its debt are well covered by EBIT (3.5x coverage).


Balance Sheet


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