PTC Balance Sheet Health
Financial Health criteria checks 3/6
PTC has a total shareholder equity of $3.2B and total debt of $1.7B, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are $6.4B and $4.7B respectively. PTC's EBIT is $590.4M making its interest coverage ratio 4.7. It has cash and short-term investments of $265.8M.
Key information
54.4%
Debt to equity ratio
US$1.75b
Debt
| Interest coverage ratio | 4.7x |
| Cash | US$265.81m |
| Equity | US$3.21b |
| Total liabilities | US$4.74b |
| Total assets | US$6.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTC *'s short term assets ($1.1B) do not cover its short term liabilities ($1.6B).
Long Term Liabilities: PTC *'s short term assets ($1.1B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: PTC *'s net debt to equity ratio (46.1%) is considered high.
Reducing Debt: PTC *'s debt to equity ratio has reduced from 55.7% to 54.4% over the past 5 years.
Debt Coverage: PTC *'s debt is well covered by operating cash flow (42.9%).
Interest Coverage: PTC *'s interest payments on its debt are well covered by EBIT (4.7x coverage).