TTEC Holdings Balance Sheet Health
Financial Health criteria checks 1/6
TTEC Holdings has a total shareholder equity of $304.2M and total debt of $930.0M, which brings its debt-to-equity ratio to 305.7%. Its total assets and total liabilities are $1.8B and $1.5B respectively. TTEC Holdings's EBIT is $93.8M making its interest coverage ratio 1.2. It has cash and short-term investments of $79.8M.
Key information
305.7%
Debt to equity ratio
US$930.00m
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$79.78m |
| Equity | US$304.18m |
| Total liabilities | US$1.49b |
| Total assets | US$1.79b |
Recent financial health updates
Here's Why TTEC Holdings (NASDAQ:TTEC) Is Weighed Down By Its Debt Load
May 09
Is TTEC Holdings (NASDAQ:TTEC) Using Too Much Debt?
Jan 24TTEC Holdings (NASDAQ:TTEC) Takes On Some Risk With Its Use Of Debt
Oct 18Here's Why TTEC Holdings (NASDAQ:TTEC) Has A Meaningful Debt Burden
Mar 13We Think TTEC Holdings (NASDAQ:TTEC) Can Stay On Top Of Its Debt
Nov 30These 4 Measures Indicate That TTEC Holdings (NASDAQ:TTEC) Is Using Debt Reasonably Well
Aug 22Recent updates
TTEC Holdings, Inc.'s (NASDAQ:TTEC) Revenues Are Not Doing Enough For Some Investors
Jul 23TTEC Holdings (NASDAQ:TTEC) Will Want To Turn Around Its Return Trends
Jun 26TTEC Holdings: I Was Wrong, Sell This Dog
Jun 26Here's Why TTEC Holdings (NASDAQ:TTEC) Is Weighed Down By Its Debt Load
May 09TTEC Holdings, Inc.'s (NASDAQ:TTEC) 47% Dip In Price Shows Sentiment Is Matching Revenues
Mar 27TTEC Holdings (NASDAQ:TTEC) Has Announced That Its Dividend Will Be Reduced To $0.06
Mar 05TTEC Holdings (NASDAQ:TTEC) May Have Issues Allocating Its Capital
Feb 23Is TTEC Holdings (NASDAQ:TTEC) Using Too Much Debt?
Jan 24Should You Investigate TTEC Holdings, Inc. (NASDAQ:TTEC) At US$20.17?
Jan 04Is TTEC Holdings, Inc. (NASDAQ:TTEC) Expensive For A Reason? A Look At Its Intrinsic Value
Dec 04Returns On Capital At TTEC Holdings (NASDAQ:TTEC) Paint A Concerning Picture
Oct 31TTEC Holdings (NASDAQ:TTEC) Takes On Some Risk With Its Use Of Debt
Oct 18TTEC Holdings (NASDAQ:TTEC) Has Affirmed Its Dividend Of $0.52
Oct 05A Look At The Intrinsic Value Of TTEC Holdings, Inc. (NASDAQ:TTEC)
Aug 30Is Now An Opportune Moment To Examine TTEC Holdings, Inc. (NASDAQ:TTEC)?
Jul 20Some Investors May Be Worried About TTEC Holdings' (NASDAQ:TTEC) Returns On Capital
Jun 23Calculating The Fair Value Of TTEC Holdings, Inc. (NASDAQ:TTEC)
May 24What Does TTEC Holdings, Inc.'s (NASDAQ:TTEC) Share Price Indicate?
Apr 19Here's Why TTEC Holdings (NASDAQ:TTEC) Has A Meaningful Debt Burden
Mar 13TTEC Holdings (NASDAQ:TTEC) Has Some Way To Go To Become A Multi-Bagger
Feb 09Estimating The Fair Value Of TTEC Holdings, Inc. (NASDAQ:TTEC)
Jan 11Why TTEC Holdings, Inc. (NASDAQ:TTEC) Could Be Worth Watching
Dec 29We Think TTEC Holdings (NASDAQ:TTEC) Can Stay On Top Of Its Debt
Nov 30TTEC Holdings (NASDAQ:TTEC) Will Want To Turn Around Its Return Trends
Nov 01TTEC Holdings raises dividend by 4% to $0.52
Sep 27TTEC Holdings appoints COO of TTEC Engage
Sep 20Should You Investigate TTEC Holdings, Inc. (NASDAQ:TTEC) At US$48.99?
Sep 19TTEC opens global delivery center in South Africa
Aug 23These 4 Measures Indicate That TTEC Holdings (NASDAQ:TTEC) Is Using Debt Reasonably Well
Aug 22TTEC Holdings, Inc. (NASDAQ:TTEC) Shares Could Be 21% Below Their Intrinsic Value Estimate
Aug 08Financial Position Analysis
Short Term Liabilities: TTEC's short term assets ($603.4M) exceed its short term liabilities ($387.7M).
Long Term Liabilities: TTEC's short term assets ($603.4M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: TTEC's net debt to equity ratio (279.5%) is considered high.
Reducing Debt: TTEC's debt to equity ratio has increased from 58.4% to 305.7% over the past 5 years.
Debt Coverage: TTEC's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: TTEC's interest payments on its debt are not well covered by EBIT (1.2x coverage).