Tetra Tech Balance Sheet Health
Financial Health criteria checks 5/6
Tetra Tech has a total shareholder equity of $1.7B and total debt of $861.8M, which brings its debt-to-equity ratio to 51.7%. Its total assets and total liabilities are $4.1B and $2.4B respectively. Tetra Tech's EBIT is $492.9M making its interest coverage ratio 11.6. It has cash and short-term investments of $212.3M.
Key information
51.7%
Debt to equity ratio
US$861.83m
Debt
| Interest coverage ratio | 11.6x |
| Cash | US$212.32m |
| Equity | US$1.67b |
| Total liabilities | US$2.42b |
| Total assets | US$4.08b |
Recent financial health updates
Is Tetra Tech (NASDAQ:TTEK) Using Too Much Debt?
May 22
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 09Recent updates
Estimating 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 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 30Financial 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 ($1.2B).
Debt to Equity History and Analysis
Debt Level: TTEK's net debt to equity ratio (39%) is considered satisfactory.
Reducing Debt: TTEK's debt to equity ratio has increased from 34.1% to 51.7% over the past 5 years.
Debt Coverage: TTEK's debt is well covered by operating cash flow (43.6%).
Interest Coverage: TTEK's interest payments on its debt are well covered by EBIT (11.6x coverage).