TTM Technologies Balance Sheet Health
Financial Health criteria checks 5/6
TTM Technologies has a total shareholder equity of $1.6B and total debt of $917.1M, which brings its debt-to-equity ratio to 56%. Its total assets and total liabilities are $3.6B and $1.9B respectively. TTM Technologies's EBIT is $213.0M making its interest coverage ratio 4.7. It has cash and short-term investments of $448.0M.
Key information
56.03%
Debt to equity ratio
US$917.14m
Debt
| Interest coverage ratio | 4.7x |
| Cash | US$447.97m |
| Equity | US$1.64b |
| Total liabilities | US$1.94b |
| Total assets | US$3.58b |
Recent financial health updates
Here's Why TTM Technologies (NASDAQ:TTMI) Can Manage Its Debt Responsibly
Feb 06
Does TTM Technologies (NASDAQ:TTMI) Have A Healthy Balance Sheet?
Oct 16Recent updates
Optimistic Investors Push TTM Technologies, Inc. (NASDAQ:TTMI) Shares Up 29% But Growth Is Lacking
Jul 22TTM Technologies' New Business Focus: Hot Story, Cold Returns
Jul 13Should You Investigate TTM Technologies, Inc. (NASDAQ:TTMI) At US$28.59?
May 24Here's Why Shareholders May Consider Paying TTM Technologies, Inc.'s (NASDAQ:TTMI) CEO A Little More
May 01Revenues Working Against TTM Technologies, Inc.'s (NASDAQ:TTMI) Share Price
Apr 12Statutory Profit Doesn't Reflect How Good TTM Technologies' (NASDAQ:TTMI) Earnings Are
Feb 28Here's Why TTM Technologies (NASDAQ:TTMI) Can Manage Its Debt Responsibly
Feb 06At US$24.00, Is It Time To Put TTM Technologies, Inc. (NASDAQ:TTMI) On Your Watch List?
Nov 23TTM Technologies, Inc. (NASDAQ:TTMI) Stock Catapults 29% Though Its Price And Business Still Lag The Industry
Nov 23Does TTM Technologies (NASDAQ:TTMI) Have A Healthy Balance Sheet?
Oct 16TTM Technologies, Inc.'s (NASDAQ:TTMI) Revenues Are Not Doing Enough For Some Investors
Sep 25
How Aerospace, Defense, And Data Centers Fuel A Bright Future
Strategic acquisitions and investments in aerospace, defense, and high-technology PCB manufacturing highlight a focus on high-value markets and potential for margin improvement.Financial Position Analysis
Short Term Liabilities: TTMI's short term assets ($1.7B) exceed its short term liabilities ($827.8M).
Long Term Liabilities: TTMI's short term assets ($1.7B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: TTMI's net debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: TTMI's debt to equity ratio has reduced from 103.7% to 56% over the past 5 years.
Debt Coverage: TTMI's debt is not well covered by operating cash flow (19.9%).
Interest Coverage: TTMI's interest payments on its debt are well covered by EBIT (4.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/08/01 20:04 |
| End of Day Share Price | 2025/08/01 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
TTM Technologies, Inc. is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Crawford | B. Riley Securities, Inc. |
| Prabhakar Gowrisankaran | Canaccord Genuity |
| Christian Schwab | Craig-Hallum Capital Group LLC |