Tecnoglass Balance Sheet Health

Financial Health criteria checks 6/6

Tecnoglass has a total shareholder equity of $519.5M and total debt of $180.8M, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are $939.1M and $419.6M respectively. Tecnoglass's EBIT is $294.0M making its interest coverage ratio 30.5. It has cash and short-term investments of $131.2M.

Key information

34.8%

Debt to equity ratio

US$180.79m

Debt

Interest coverage ratio30.5x
CashUS$131.23m
EquityUS$519.47m
Total liabilitiesUS$419.59m
Total assetsUS$939.06m

Recent financial health updates

Is Tecnoglass (NYSE:TGLS) Using Too Much Debt?

Nov 20
Is Tecnoglass (NYSE:TGLS) Using Too Much Debt?

Is Tecnoglass (NYSE:TGLS) A Risky Investment?

Aug 12
Is Tecnoglass (NYSE:TGLS) A Risky Investment?

Is Tecnoglass (NYSE:TGLS) A Risky Investment?

Feb 11
Is Tecnoglass (NYSE:TGLS) A Risky Investment?

Recent updates

Tecnoglass: Well-Run Business, But Unlikely To Be Too Rewarding At These Levels

Feb 14

Tecnoglass Inc.'s (NYSE:TGLS) Shares Lagging The Market But So Is The Business

Feb 14
Tecnoglass Inc.'s (NYSE:TGLS) Shares Lagging The Market But So Is The Business

Is Now An Opportune Moment To Examine Tecnoglass Inc. (NYSE:TGLS)?

Jan 21
Is Now An Opportune Moment To Examine Tecnoglass Inc. (NYSE:TGLS)?

Are Investors Undervaluing Tecnoglass Inc. (NYSE:TGLS) By 46%?

Dec 28
Are Investors Undervaluing Tecnoglass Inc. (NYSE:TGLS) By 46%?

Do Tecnoglass' (NYSE:TGLS) Earnings Warrant Your Attention?

Dec 15
Do Tecnoglass' (NYSE:TGLS) Earnings Warrant Your Attention?

Tecnoglass: Correction Risk Remains High As Construction Activity Slows

Dec 08

Is Tecnoglass (NYSE:TGLS) Using Too Much Debt?

Nov 20
Is Tecnoglass (NYSE:TGLS) Using Too Much Debt?

Tecnoglass: The Case For An Attractive Business And An Undervalued Stock

Nov 14

Tecnoglass: A Strong Buy Amid Real Estate Woes

Nov 01

Liberty Park Capital - Tecnoglass: Tailwinds And Competitive Advantages Warrants A Premium

Oct 21

Tecnoglass: A Buy 35% Off The Highs

Sep 27

Should You Investigate Tecnoglass Inc. (NYSE:TGLS) At US$33.42?

Sep 24
Should You Investigate Tecnoglass Inc. (NYSE:TGLS) At US$33.42?

Here's Why Tecnoglass (NYSE:TGLS) Has Caught The Eye Of Investors

Sep 09
Here's Why Tecnoglass (NYSE:TGLS) Has Caught The Eye Of Investors

Turning Bullish On Tecnoglass After Large Correction

Aug 20

Is Tecnoglass (NYSE:TGLS) A Risky Investment?

Aug 12
Is Tecnoglass (NYSE:TGLS) A Risky Investment?

Tecnoglass: Shares Fully Valued As Potential Slowdown Looms

Jul 16

At US$49.09, Is It Time To Put Tecnoglass Inc. (NYSE:TGLS) On Your Watch List?

Jun 21
At US$49.09, Is It Time To Put Tecnoglass Inc. (NYSE:TGLS) On Your Watch List?

Unleashing The Power Of The Small: Tecnoglass's Backlog Is Surging Under The Radar

Jun 14

Does Tecnoglass (NYSE:TGLS) Deserve A Spot On Your Watchlist?

Jun 07
Does Tecnoglass (NYSE:TGLS) Deserve A Spot On Your Watchlist?

Calculating The Fair Value Of Tecnoglass Inc. (NYSE:TGLS)

May 25
Calculating The Fair Value Of Tecnoglass Inc. (NYSE:TGLS)

Results: Tecnoglass Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

May 06
Results: Tecnoglass Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Is It Too Late To Consider Buying Tecnoglass Inc. (NYSE:TGLS)?

Feb 23
Is It Too Late To Consider Buying Tecnoglass Inc. (NYSE:TGLS)?

Is Tecnoglass (NYSE:TGLS) A Risky Investment?

Feb 11
Is Tecnoglass (NYSE:TGLS) A Risky Investment?

Calculating The Intrinsic Value Of Tecnoglass Inc. (NYSE:TGLS)

Jan 30
Calculating The Intrinsic Value Of Tecnoglass Inc. (NYSE:TGLS)

Here's Why Tecnoglass (NYSE:TGLS) Has Caught The Eye Of Investors

Jan 16
Here's Why Tecnoglass (NYSE:TGLS) Has Caught The Eye Of Investors

Tecnoglass: Vertical Business Model And Price Momentum

Jan 11

Why We Think The CEO Of Tecnoglass Inc. (NYSE:TGLS) May Soon See A Pay Rise

Dec 09
Why We Think The CEO Of Tecnoglass Inc. (NYSE:TGLS) May Soon See A Pay Rise

Tecnoglass declares $0.075 dividend

Dec 07

Tecnoglass Remains A Solid Buy With Powerful Upside Earning Potential

Oct 31

Tecnoglass: Strong Growth Continues Despite Inflationary Headwinds

Aug 15

Tecnoglass: Despite Inflation Risks, I See A Lot Of Growth Potential

May 26

Tecnoglass: Ride The Florida Construction Wave In 2022, Strong Buy

Feb 23

Tecnoglass: Genuine Production Facilities, And Cheap

Dec 11

Tecnoglass: Outstanding Growth And Profitability

Sep 16

Tecnoglass: Grossly Overvalued

Jun 17

Tecnoglass EPS beats by $0.13, beats on revenue; raises outlook

May 07

Tecnoglass declares $0.0275 dividend

Dec 08

Tecnoglass EPS beats by $0.11, beats on revenue, outlook

Nov 06

Tecnoglass: Bullish On This Housing Play Into Earnings

Oct 28

Financial Position Analysis

Short Term Liabilities: TGLS's short term assets ($537.1M) exceed its short term liabilities ($239.0M).

Long Term Liabilities: TGLS's short term assets ($537.1M) exceed its long term liabilities ($180.6M).


Debt to Equity History and Analysis

Debt Level: TGLS's net debt to equity ratio (9.5%) is considered satisfactory.

Reducing Debt: TGLS's debt to equity ratio has reduced from 160.3% to 34.8% over the past 5 years.

Debt Coverage: TGLS's debt is well covered by operating cash flow (79.8%).

Interest Coverage: TGLS's interest payments on its debt are well covered by EBIT (30.5x coverage).


Balance Sheet


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