TAT Technologies Balance Sheet Health
Financial Health criteria checks 4/6
TAT Technologies has a total shareholder equity of $90.7M and total debt of $27.2M, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are $145.6M and $54.9M respectively. TAT Technologies's EBIT is $5.6M making its interest coverage ratio 3.4. It has cash and short-term investments of $16.0M.
Key information
30.0%
Debt to equity ratio
US$27.22m
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$15.98m |
| Equity | US$90.68m |
| Total liabilities | US$54.89m |
| Total assets | US$145.58m |
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: 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 ($94.3M) exceed its short term liabilities ($39.3M).
Long Term Liabilities: TATT's short term assets ($94.3M) exceed its long term liabilities ($15.6M).
Debt to Equity History and Analysis
Debt Level: TATT's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: TATT's debt to equity ratio has increased from 0% to 30% over the past 5 years.
Debt Coverage: TATT's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: TATT's interest payments on its debt are well covered by EBIT (3.4x coverage).