TransAct Technologies Balance Sheet Health
Financial Health criteria checks 5/6
TransAct Technologies has a total shareholder equity of $39.4M and total debt of $2.3M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are $54.2M and $14.8M respectively. TransAct Technologies's EBIT is $5.7M making its interest coverage ratio 22.4. It has cash and short-term investments of $12.3M.
Key information
5.7%
Debt to equity ratio
US$2.25m
Debt
| Interest coverage ratio | 22.4x |
| Cash | US$12.32m |
| Equity | US$39.41m |
| Total liabilities | US$14.78m |
| Total assets | US$54.20m |
Recent financial health updates
TransAct Technologies (NASDAQ:TACT) Seems To Use Debt Rather Sparingly
May 01
Is TransAct Technologies (NASDAQ:TACT) Using Too Much Debt?
Nov 17TransAct Technologies (NASDAQ:TACT) Is In A Good Position To Deliver On Growth Plans
Nov 22Does TransAct Technologies (NASDAQ:TACT) Have A Healthy Balance Sheet?
May 07Recent updates
TransAct Technologies (NASDAQ:TACT) Seems To Use Debt Rather Sparingly
May 01TransAct Technologies Incorporated (NASDAQ:TACT) Not Doing Enough For Some Investors As Its Shares Slump 27%
Mar 15The Market Doesn't Like What It Sees From TransAct Technologies Incorporated's (NASDAQ:TACT) Revenues Yet As Shares Tumble 27%
Mar 15Here's What's Concerning About TransAct Technologies' (NASDAQ:TACT) Returns On Capital
Nov 11There Are Reasons To Feel Uneasy About TransAct Technologies' (NASDAQ:TACT) Returns On Capital
Aug 03Should You Think About Buying TransAct Technologies Incorporated (NASDAQ:TACT) Now?
May 11Analysts Just Published A Bright New Outlook For TransAct Technologies Incorporated's (NASDAQ:TACT)
Mar 13Is TransAct Technologies (NASDAQ:TACT) Using Too Much Debt?
Nov 17TransAct Technologies selected to provide printer in casino
Oct 06TransAct Tech GAAP EPS of -$0.24 beats by $0.07, revenue of $12.62M beats by $2.18M
Aug 17TransAct Technologies announces record enterprise license sale with Boha!
Jul 07Time To Worry? Analysts Are Downgrading Their TransAct Technologies Incorporated (NASDAQ:TACT) Outlook
May 16TransAct Technologies: Rapid Growth Trajectory From BOHA!
Mar 16TransAct Technologies (NASDAQ:TACT) Is In A Good Position To Deliver On Growth Plans
Nov 22Downgrade: Here's How Analysts See TransAct Technologies Incorporated (NASDAQ:TACT) Performing In The Near Term
May 11Does TransAct Technologies (NASDAQ:TACT) Have A Healthy Balance Sheet?
May 07TransAct Tech EPS misses by $0.02, beats on revenue
May 06What Kind Of Shareholders Own TransAct Technologies Incorporated (NASDAQ:TACT)?
Mar 11TransAct Technologies (NASDAQ:TACT) Share Prices Have Dropped 34% In The Last Three Years
Feb 09
What We Learned About TransAct Technologies' (NASDAQ:TACT) CEO Compensation
Dec 16Financial Position Analysis
Short Term Liabilities: TACT's short term assets ($41.0M) exceed its short term liabilities ($13.6M).
Long Term Liabilities: TACT's short term assets ($41.0M) exceed its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: TACT has more cash than its total debt.
Reducing Debt: TACT's debt to equity ratio has increased from 0% to 5.7% over the past 5 years.
Debt Coverage: TACT's debt is well covered by operating cash flow (244.8%).
Interest Coverage: TACT's interest payments on its debt are well covered by EBIT (22.4x coverage).