Tecan Group Balance Sheet Health
Financial Health criteria checks 5/6
Tecan Group has a total shareholder equity of CHF1.3B and total debt of CHF250.4M, which brings its debt-to-equity ratio to 18.6%. Its total assets and total liabilities are CHF2.1B and CHF725.1M respectively. Tecan Group's EBIT is CHF135.6M making its interest coverage ratio -38.5. It has cash and short-term investments of CHF366.4M.
Key information
18.6%
Debt to equity ratio
CHF 250.40m
Debt
| Interest coverage ratio | -38.5x |
| Cash | CHF 366.42m |
| Equity | CHF 1.35b |
| Total liabilities | CHF 725.06m |
| Total assets | CHF 2.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCGG.Y's short term assets (CHF850.6M) exceed its short term liabilities (CHF296.9M).
Long Term Liabilities: TCGG.Y's short term assets (CHF850.6M) exceed its long term liabilities (CHF428.1M).
Debt to Equity History and Analysis
Debt Level: TCGG.Y has more cash than its total debt.
Reducing Debt: TCGG.Y's debt to equity ratio has increased from 0.4% to 18.6% over the past 5 years.
Debt Coverage: TCGG.Y's debt is well covered by operating cash flow (64.1%).
Interest Coverage: TCGG.Y earns more interest than it pays, so coverage of interest payments is not a concern.