PTC Balance Sheet Health
Financial Health criteria checks 3/6
PTC has a total shareholder equity of $3.2B and total debt of $1.7B, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are $6.4B and $3.2B respectively. PTC's EBIT is $591.0M making its interest coverage ratio 5.1. It has cash and short-term investments of $265.8M.
Key information
54.4%
Debt to equity ratio
US$1.75b
Debt
| Interest coverage ratio | 5.1x |
| Cash | US$265.81m |
| Equity | US$3.21b |
| Total liabilities | US$3.17b |
| Total assets | US$6.38b |
Recent financial health updates
We Think PTC (NASDAQ:PTC) Can Stay On Top Of Its Debt
Jul 15
We Think PTC (NASDAQ:PTC) Can Stay On Top Of Its Debt
Mar 10Here'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 02Recent updates
PTC (NASDAQ:PTC) Shareholders Will Want The ROCE Trajectory To Continue
Nov 14PTC Is Temporarily Overvalued, Despite A Strong SaaS Transition
Oct 16Why PTC Inc. (NASDAQ:PTC) Could Be Worth Watching
Oct 15Getting In Cheap On PTC Inc. (NASDAQ:PTC) Might Be Difficult
Jul 31We Think PTC (NASDAQ:PTC) Can Stay On Top Of Its Debt
Jul 15PTC: A Bullish Bet With ServiceMax Integration Boost
Jul 12What Does PTC Inc.'s (NASDAQ:PTC) Share Price Indicate?
Jun 30PTC (NASDAQ:PTC) Is Looking To Continue Growing Its Returns On Capital
Jun 15PTC Inc. Just Recorded A 28% EPS Beat: Here's What Analysts Are Forecasting Next
May 04PTC 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 18Financial Position Analysis
Short Term Liabilities: PTC's short term assets ($1.3B) do not cover its short term liabilities ($1.7B).
Long Term Liabilities: PTC's short term assets ($1.3B) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: PTC's net debt to equity ratio (46.1%) is considered high.
Reducing Debt: PTC's debt to equity ratio has reduced from 55.7% to 54.4% over the past 5 years.
Debt Coverage: PTC's debt is well covered by operating cash flow (42.9%).
Interest Coverage: PTC's interest payments on its debt are well covered by EBIT (5.1x coverage).