Tetra Tech Balance Sheet Health
Financial Health criteria checks 5/6
Tetra Tech has a total shareholder equity of $1.8B and total debt of $812.6M, which brings its debt-to-equity ratio to 44.4%. Its total assets and total liabilities are $4.2B and $2.4B respectively. Tetra Tech's EBIT is $512.2M making its interest coverage ratio 13.7. It has cash and short-term investments of $232.7M.
Key information
44.4%
Debt to equity ratio
US$812.63m
Debt
| Interest coverage ratio | 13.7x |
| Cash | US$232.69m |
| Equity | US$1.83b |
| Total liabilities | US$2.36b |
| Total assets | US$4.19b |
Recent financial health updates
Tetra Tech (NASDAQ:TTEK) Has A Rock Solid Balance Sheet
Sep 25
Is Tetra Tech (NASDAQ:TTEK) Using Too Much Debt?
May 22We Think Tetra Tech (NASDAQ:TTEK) Can Manage Its Debt With Ease
Feb 15Recent updates
Is Now The Time To Put Tetra Tech (NASDAQ:TTEK) On Your Watchlist?
Dec 19Calculating The Intrinsic Value Of Tetra Tech, Inc. (NASDAQ:TTEK)
Dec 05Tetra Tech, Inc. (NASDAQ:TTEK) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?
Nov 16When Should You Buy Tetra Tech, Inc. (NASDAQ:TTEK)?
Nov 09Returns On Capital At Tetra Tech (NASDAQ:TTEK) Have Hit The Brakes
Oct 10Tetra Tech Expected To Continue Outperforming The S&P 500
Oct 04Tetra Tech (NASDAQ:TTEK) Has A Rock Solid Balance Sheet
Sep 25Estimating The Fair Value Of Tetra Tech, Inc. (NASDAQ:TTEK)
Aug 26What You Can Learn From Tetra Tech, Inc.'s (NASDAQ:TTEK) P/E
Jul 31Tetra Tech: Secular Demand Tailwinds
Jul 22Investors Met With Slowing Returns on Capital At Tetra Tech (NASDAQ:TTEK)
Jul 01Is Tetra Tech, Inc. (NASDAQ:TTEK) Potentially Undervalued?
Jun 04Is Tetra Tech (NASDAQ:TTEK) Using Too Much Debt?
May 22Estimating The Fair Value Of Tetra Tech, Inc. (NASDAQ:TTEK)
Apr 30Why 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 04Financial 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 ($1.1B).
Debt to Equity History and Analysis
Debt Level: TTEK's net debt to equity ratio (31.7%) is considered satisfactory.
Reducing Debt: TTEK's debt to equity ratio has increased from 29.1% to 44.4% over the past 5 years.
Debt Coverage: TTEK's debt is well covered by operating cash flow (44.1%).
Interest Coverage: TTEK's interest payments on its debt are well covered by EBIT (13.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:04 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2024/09/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tetra Tech, Inc. is covered by 33 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Wittmann | Baird |
| Samuel England | Berenberg |
| Avram Fisher | BMO Capital Markets U.S. (Historical) |