TETRA Technologies Balance Sheet Health
Financial Health criteria checks 4/6
TETRA Technologies has a total shareholder equity of $146.1M and total debt of $179.4M, which brings its debt-to-equity ratio to 122.7%. Its total assets and total liabilities are $491.3M and $345.2M respectively. TETRA Technologies's EBIT is $44.2M making its interest coverage ratio 1.9. It has cash and short-term investments of $35.9M.
Key information
122.7%
Debt to equity ratio
US$179.39m
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$35.94m |
| Equity | US$146.15m |
| Total liabilities | US$345.18m |
| Total assets | US$491.33m |
Recent financial health updates
Does TETRA Technologies (NYSE:TTI) Have A Healthy Balance Sheet?
May 02
TETRA Technologies (NYSE:TTI) Has A Somewhat Strained Balance Sheet
Jan 28TETRA Technologies (NYSE:TTI) Has A Somewhat Strained Balance Sheet
Oct 20These 4 Measures Indicate That TETRA Technologies (NYSE:TTI) Is Using Debt Extensively
May 24Is TETRA Technologies (NYSE:TTI) A Risky Investment?
Oct 20Is TETRA Technologies (NYSE:TTI) A Risky Investment?
Mar 27Recent updates
Does TETRA Technologies (NYSE:TTI) Have A Healthy Balance Sheet?
May 02TETRA Technologies, Inc.'s (NYSE:TTI) 26% Jump Shows Its Popularity With Investors
Apr 06TETRA Technologies (NYSE:TTI) Has A Somewhat Strained Balance Sheet
Jan 28TETRA Technologies: Highlighting Potential Lithium Royalty
Dec 04TETRA Technologies (NYSE:TTI) Is Looking To Continue Growing Its Returns On Capital
Nov 16TETRA Technologies (NYSE:TTI) Has A Somewhat Strained Balance Sheet
Oct 20Tetra Technologies: Executing Well
Sep 21Does TETRA Technologies (NYSE:TTI) Deserve A Spot On Your Watchlist?
Aug 06Estimating The Fair Value Of TETRA Technologies, Inc. (NYSE:TTI)
Jul 23TETRA Technologies: Waiting For A Better Price
Jul 05TETRA Technologies: Bromine Project Potential Continues To Grow
Jun 15These 4 Measures Indicate That TETRA Technologies (NYSE:TTI) Is Using Debt Extensively
May 24Market Participants Recognise TETRA Technologies, Inc.'s (NYSE:TTI) Earnings Pushing Shares 26% Higher
Apr 17A Look At The Fair Value Of TETRA Technologies, Inc. (NYSE:TTI)
Apr 12Tetra Technologies Q4 2022 Earnings Preview
Feb 24Tetra Technologies: 2 Birds, 1 Stone
Nov 11Tetra Technologies Non-GAAP EPS of $0.02, revenue of $135M
Oct 31Is TETRA Technologies (NYSE:TTI) A Risky Investment?
Oct 20Tetra Technologies: There's A 'SandStorm' On The Horizon
Sep 22Tetra Technologies: Pass The Lithium Please
Aug 19Tetra Technologies Non-GAAP EPS of $0.05 misses by $0.01, revenue of $140.72M beats by $6.02M
Aug 01Are Investors Undervaluing TETRA Technologies, Inc. (NYSE:TTI) By 46%?
Aug 01Tetra Technologies: Increasing My Price Target To $8.75--Representing 70% Upside
May 31Is TETRA Technologies (NYSE:TTI) A Risky Investment?
Mar 27Tetra Technologies, Inc. - Reaffirming A Potential 100% Return In One Year
Mar 07Tetra Technologies, Inc. - A Potential 100% Return In One Year
Feb 22Is TETRA Technologies, Inc. (NYSE:TTI) Trading At A 33% Discount?
Jan 24Tetra Technologies: In Oilfield ESG Sweet Spot
Dec 10We Think TETRA Technologies (NYSE:TTI) Has A Fair Chunk Of Debt
Dec 01An Intrinsic Calculation For TETRA Technologies, Inc. (NYSE:TTI) Suggests It's 36% Undervalued
Oct 14Tetra Technologies: Knock, Knock, Knocking On The Five Dollar Door
Jul 06TETRA Technologies (TTI) Presents At Sustainability & Energy Transition Summit -Slideshow
Jun 18TETRA Technologies set to join Russell 3000 Index
Jun 08Here's Why TETRA Technologies (NYSE:TTI) Can Afford Some Debt
Jun 08Tetra Technologies EPS misses by $0.01, beats on revenue
May 04Financial Position Analysis
Short Term Liabilities: TTI's short term assets ($287.6M) exceed its short term liabilities ($117.9M).
Long Term Liabilities: TTI's short term assets ($287.6M) exceed its long term liabilities ($227.3M).
Debt to Equity History and Analysis
Debt Level: TTI's net debt to equity ratio (98.2%) is considered high.
Reducing Debt: TTI's debt to equity ratio has reduced from 287.9% to 122.7% over the past 5 years.
Debt Coverage: TTI's debt is well covered by operating cash flow (26.4%).
Interest Coverage: TTI's interest payments on its debt are not well covered by EBIT (1.9x coverage).