PTC Balance Sheet Health
Financial Health criteria checks 3/6
PTC has a total shareholder equity of $2.8B and total debt of $2.3B, which brings its debt-to-equity ratio to 80.6%. Its total assets and total liabilities are $6.3B and $3.5B respectively. PTC's EBIT is $487.9M making its interest coverage ratio 3.4. It has cash and short-term investments of $265.0M.
Key information
80.6%
Debt to equity ratio
US$2.26b
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$265.00m |
| Equity | US$2.81b |
| Total liabilities | US$3.46b |
| Total assets | US$6.27b |
Recent financial health updates
We Think PTC (NASDAQ:PTC) Can Stay On Top Of Its Debt
Mar 10
Here's Why PTC (NASDAQ:PTC) Can Manage Its Debt Responsibly
Nov 15Here's Why PTC (NASDAQ:PTC) Can Manage Its Debt Responsibly
Jul 25PTC (NASDAQ:PTC) Has A Rock Solid Balance Sheet
Apr 19Does PTC (NASDAQ:PTC) Have A Healthy Balance Sheet?
Jan 02PTC (NASDAQ:PTC) Has A Rock Solid Balance Sheet
Aug 16Recent updates
PTC Inc.'s (NASDAQ:PTC) Business Is Trailing The Industry But Its Shares Aren't
Apr 16PTC: Valuations Look Stretched
Apr 15We Think PTC (NASDAQ:PTC) Can Stay On Top Of Its Debt
Mar 10PTC Inc.: Exposure To Multiple Key Growth Verticals
Feb 08There's Been No Shortage Of Growth Recently For PTC's (NASDAQ:PTC) Returns On Capital
Jan 31An Intrinsic Calculation For PTC Inc. (NASDAQ:PTC) Suggests It's 28% Undervalued
Jan 17PTC Inc.'s (NASDAQ:PTC) Share Price Could Signal Some Risk
Jan 03Here's Why PTC (NASDAQ:PTC) Can Manage Its Debt Responsibly
Nov 15Should You Investigate PTC Inc. (NASDAQ:PTC) At US$144?
Oct 12An Intrinsic Calculation For PTC Inc. (NASDAQ:PTC) Suggests It's 48% Undervalued
Sep 24Here's Why PTC (NASDAQ:PTC) Can Manage Its Debt Responsibly
Jul 25Is PTC Inc. (NASDAQ:PTC) Potentially Undervalued?
Jul 12There's Been No Shortage Of Growth Recently For PTC's (NASDAQ:PTC) Returns On Capital
Jun 15Are Investors Undervaluing PTC Inc. (NASDAQ:PTC) By 32%?
May 18PTC (NASDAQ:PTC) Has A Rock Solid Balance Sheet
Apr 19What Does PTC Inc.'s (NASDAQ:PTC) Share Price Indicate?
Apr 06PTC (NASDAQ:PTC) Shareholders Will Want The ROCE Trajectory To Continue
Mar 10Is There An Opportunity With PTC Inc.'s (NASDAQ:PTC) 44% Undervaluation?
Feb 17Does PTC (NASDAQ:PTC) Have A Healthy Balance Sheet?
Jan 02Should You Investigate PTC Inc. (NASDAQ:PTC) At US$124?
Dec 18PTC Inc.'s (NASDAQ:PTC) Intrinsic Value Is Potentially 74% Above Its Share Price
Nov 17PTC (NASDAQ:PTC) Shareholders Will Want The ROCE Trajectory To Continue
Oct 24PTC: A Murky Transition Into The Cloud
Oct 11Do PTC's (NASDAQ:PTC) Earnings Warrant Your Attention?
Oct 10Bentley Systems appoints chief product officer
Sep 06Is It Too Late To Consider Buying PTC Inc. (NASDAQ:PTC)?
Aug 30PTC (NASDAQ:PTC) Has A Rock Solid Balance Sheet
Aug 16PTC (NASDAQ:PTC) Shareholders Will Want The ROCE Trajectory To Continue
Jul 14PTC: Attractive Valuation Ruined By Stock Based Compensation
Jul 05Here's Why We Think PTC (NASDAQ:PTC) Might Deserve Your Attention Today
Jul 01Is There Now An Opportunity In PTC Inc. (NASDAQ:PTC)?
May 30PTC (NASDAQ:PTC) Seems To Use Debt Rather Sparingly
May 18Is There An Opportunity With PTC Inc.'s (NASDAQ:PTC) 49% Undervaluation?
May 05Financial Position Analysis
Short Term Liabilities: PTC's short term assets ($1.1B) exceed its short term liabilities ($950.3M).
Long Term Liabilities: PTC's short term assets ($1.1B) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: PTC's net debt to equity ratio (71.1%) is considered high.
Reducing Debt: PTC's debt to equity ratio has increased from 58.9% to 80.6% over the past 5 years.
Debt Coverage: PTC's debt is well covered by operating cash flow (27.3%).
Interest Coverage: PTC's interest payments on its debt are well covered by EBIT (3.4x coverage).