TransDigm Group Balance Sheet Health
Financial Health criteria checks 0/6
TransDigm Group has a total shareholder equity of $-2.5B and total debt of $21.6B, which brings its debt-to-equity ratio to -861.4%. Its total assets and total liabilities are $21.8B and $24.3B respectively. TransDigm Group's EBIT is $3.5B making its interest coverage ratio 2.8. It has cash and short-term investments of $3.4B.
Key information
-861.4%
Debt to equity ratio
US$21.62b
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$3.42b |
| Equity | -US$2.51b |
| Total liabilities | US$24.34b |
| Total assets | US$21.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TDG * has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TDG * has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TDG * has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TDG *'s has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TDG *'s debt is not well covered by operating cash flow (8.9%).
Interest Coverage: TDG *'s interest payments on its debt are not well covered by EBIT (2.8x coverage).