Tecan Group Balance Sheet Health
Financial Health criteria checks 5/6
Tecan Group has a total shareholder equity of CHF1.4B and total debt of CHF249.9M, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are CHF2.1B and CHF710.2M respectively. Tecan Group's EBIT is CHF98.5M making its interest coverage ratio -68.6. It has cash and short-term investments of CHF343.8M.
Key information
17.8%
Debt to equity ratio
CHF 249.92m
Debt
| Interest coverage ratio | -68.6x |
| Cash | CHF 343.78m |
| Equity | CHF 1.41b |
| Total liabilities | CHF 710.17m |
| Total assets | CHF 2.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCHB.F's short term assets (CHF847.7M) exceed its short term liabilities (CHF295.2M).
Long Term Liabilities: TCHB.F's short term assets (CHF847.7M) exceed its long term liabilities (CHF414.9M).
Debt to Equity History and Analysis
Debt Level: TCHB.F has more cash than its total debt.
Reducing Debt: TCHB.F's debt to equity ratio has increased from 0.8% to 17.8% over the past 5 years.
Debt Coverage: TCHB.F's debt is well covered by operating cash flow (48.6%).
Interest Coverage: TCHB.F earns more interest than it pays, so coverage of interest payments is not a concern.