TAT Technologies Balance Sheet Health
Financial Health criteria checks 4/6
TAT Technologies has a total shareholder equity of $108.5M and total debt of $16.1M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are $157.7M and $49.2M respectively. TAT Technologies's EBIT is $9.8M making its interest coverage ratio 5.9. It has cash and short-term investments of $8.6M.
Key information
14.8%
Debt to equity ratio
US$16.10m
Debt
| Interest coverage ratio | 5.9x |
| Cash | US$8.57m |
| Equity | US$108.50m |
| Total liabilities | US$49.19m |
| Total assets | US$157.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TATT's short term assets ($107.4M) exceed its short term liabilities ($35.4M).
Long Term Liabilities: TATT's short term assets ($107.4M) exceed its long term liabilities ($13.8M).
Debt to Equity History and Analysis
Debt Level: TATT's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: TATT's debt to equity ratio has increased from 0% to 14.8% over the past 5 years.
Debt Coverage: TATT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TATT's interest payments on its debt are well covered by EBIT (5.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 10:28 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TAT Technologies Ltd. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joshua Sullivan | Benchmark Company |