TAT Technologies Balance Sheet Health
Financial Health criteria checks 4/6
TAT Technologies has a total shareholder equity of $95.7M and total debt of $26.5M, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are $147.8M and $52.1M respectively. TAT Technologies's EBIT is $8.1M making its interest coverage ratio 4.9. It has cash and short-term investments of $8.1M.
Key information
27.6%
Debt to equity ratio
US$26.45m
Debt
| Interest coverage ratio | 4.9x |
| Cash | US$8.06m |
| Equity | US$95.74m |
| Total liabilities | US$52.08m |
| Total assets | US$147.82m |
Recent financial health updates
Is TAT Technologies (NASDAQ:TATT) A Risky Investment?
Dec 25
Is TAT Technologies (NASDAQ:TATT) Using Debt Sensibly?
Apr 16Recent updates
TAT Technologies Surges 54% YTD: Growth Opportunities And Risks Analyzed
Sep 24There's Reason For Concern Over TAT Technologies Ltd.'s (NASDAQ:TATT) Massive 28% Price Jump
Sep 02Here's Why We Think TAT Technologies (NASDAQ:TATT) Might Deserve Your Attention Today
Aug 30TAT Technologies: Impressive Earnings Growth With More To Come
Jul 04The Market Lifts TAT Technologies Ltd. (NASDAQ:TATT) Shares 32% But It Can Do More
May 25TAT Technologies: A Strong Buy On Aerospace And Defense Expansion
Apr 03Is TAT Technologies (NASDAQ:TATT) A Risky Investment?
Dec 25Returns On Capital At TAT Technologies (NASDAQ:TATT) Paint A Concerning Picture
Jun 02Is TAT Technologies (NASDAQ:TATT) Using Debt Sensibly?
Apr 16A Look At TAT Technologies' (NASDAQ:TATT) Share Price Returns
Feb 15
TAT Technologies stock skyrockets +70%, signs strategic agreement with Honeywell
Jan 05Our View On TAT Technologies' (NASDAQ:TATT) CEO Pay
Dec 22TAT Technologies reports Q3 results
Nov 12Financial Position Analysis
Short Term Liabilities: TATT's short term assets ($97.7M) exceed its short term liabilities ($37.6M).
Long Term Liabilities: TATT's short term assets ($97.7M) exceed its long term liabilities ($14.5M).
Debt to Equity History and Analysis
Debt Level: TATT's net debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: TATT's debt to equity ratio has increased from 0% to 27.6% 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 (4.9x coverage).