Tetra Tech Balance Sheet Health
Financial Health criteria checks 4/6
Tetra Tech has a total shareholder equity of $1.5B and total debt of $945.3M, which brings its debt-to-equity ratio to 61.5%. Its total assets and total liabilities are $4.0B and $2.4B respectively. Tetra Tech's EBIT is $434.4M making its interest coverage ratio 8.6. It has cash and short-term investments of $198.7M.
Key information
61.5%
Debt to equity ratio
US$945.32m
Debt
Interest coverage ratio | 8.6x |
Cash | US$198.69m |
Equity | US$1.54b |
Total liabilities | US$2.41b |
Total assets | US$3.95b |
Recent financial health updates
We Think Tetra Tech (NASDAQ:TTEK) Can Manage Its Debt With Ease
Feb 15Tetra Tech (NASDAQ:TTEK) Has A Pretty Healthy Balance Sheet
Oct 30We Think Tetra Tech (NASDAQ:TTEK) Can Stay On Top Of Its Debt
Jul 27Tetra Tech (NASDAQ:TTEK) Seems To Use Debt Rather Sparingly
Apr 17These 4 Measures Indicate That Tetra Tech (NASDAQ:TTEK) Is Using Debt Safely
Jan 09Is Tetra Tech (NASDAQ:TTEK) Using Too Much Debt?
Oct 03Recent updates
Why Investors Shouldn't Be Surprised By Tetra Tech, Inc.'s (NASDAQ:TTEK) P/E
Apr 17Returns On Capital At Tetra Tech (NASDAQ:TTEK) Have Stalled
Mar 07Shareholders May Be More Conservative With Tetra Tech, Inc.'s (NASDAQ:TTEK) CEO Compensation For Now
Feb 22We Think Tetra Tech (NASDAQ:TTEK) Can Manage Its Debt With Ease
Feb 15Is It Time To Consider Buying Tetra Tech, Inc. (NASDAQ:TTEK)?
Jan 31Tetra Tech, Inc.'s (NASDAQ:TTEK) P/E Is On The Mark
Jan 17Estimating The Fair Value Of Tetra Tech, Inc. (NASDAQ:TTEK)
Jan 04Should You Be Adding Tetra Tech (NASDAQ:TTEK) To Your Watchlist Today?
Nov 12Tetra Tech (NASDAQ:TTEK) Has A Pretty Healthy Balance Sheet
Oct 30Should You Think About Buying Tetra Tech, Inc. (NASDAQ:TTEK) Now?
Oct 18Returns At Tetra Tech (NASDAQ:TTEK) Appear To Be Weighed Down
Sep 20Calculating The Fair Value Of Tetra Tech, Inc. (NASDAQ:TTEK)
Sep 07We Think Tetra Tech (NASDAQ:TTEK) Can Stay On Top Of Its Debt
Jul 27At US$168, Is Tetra Tech, Inc. (NASDAQ:TTEK) Worth Looking At Closely?
Jul 14If EPS Growth Is Important To You, Tetra Tech (NASDAQ:TTEK) Presents An Opportunity
Jul 02Tetra Tech (NASDAQ:TTEK) Has More To Do To Multiply In Value Going Forward
Jun 19Estimating The Fair Value Of Tetra Tech, Inc. (NASDAQ:TTEK)
May 26Tetra Tech (NASDAQ:TTEK) Seems To Use Debt Rather Sparingly
Apr 17Why Tetra Tech, Inc. (NASDAQ:TTEK) Could Be Worth Watching
Apr 03Investors Will Want Tetra Tech's (NASDAQ:TTEK) Growth In ROCE To Persist
Mar 20If EPS Growth Is Important To You, Tetra Tech (NASDAQ:TTEK) Presents An Opportunity
Mar 06Tetra Tech, Inc.'s (NASDAQ:TTEK) CEO Compensation Is Looking A Bit Stretched At The Moment
Feb 22Is Tetra Tech, Inc. (NASDAQ:TTEK) Worth US$155 Based On Its Intrinsic Value?
Feb 06These 4 Measures Indicate That Tetra Tech (NASDAQ:TTEK) Is Using Debt Safely
Jan 09What Is Tetra Tech, Inc.'s (NASDAQ:TTEK) Share Price Doing?
Dec 13We Like Tetra Tech's (NASDAQ:TTEK) Returns And Here's How They're Trending
Nov 30Here's Why We Think Tetra Tech (NASDAQ:TTEK) Is Well Worth Watching
Oct 30Is Tetra Tech (NASDAQ:TTEK) Using Too Much Debt?
Oct 03Tetra tech secures a airspace optimization support contract
Sep 20Tetra Tech bags $49.5M environmental remediation services contract
Sep 08Is It Time To Consider Buying Tetra Tech, Inc. (NASDAQ:TTEK)?
Sep 05Tetra Tech: Today's Best Consulting-Engineering Cap-Gain Wealth Builder
Aug 29Does This Valuation Of Tetra Tech, Inc. (NASDAQ:TTEK) Imply Investors Are Overpaying?
Aug 22Returns On Capital Are Showing Encouraging Signs At Tetra Tech (NASDAQ:TTEK)
Aug 08Financial Position Analysis
Short Term Liabilities: TTEK's short term assets ($1.5B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: TTEK's short term assets ($1.5B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: TTEK's net debt to equity ratio (48.6%) is considered high.
Reducing Debt: TTEK's debt to equity ratio has increased from 27.6% to 61.5% over the past 5 years.
Debt Coverage: TTEK's debt is well covered by operating cash flow (37.3%).
Interest Coverage: TTEK's interest payments on its debt are well covered by EBIT (8.6x coverage).