TTM Technologies Balance Sheet Health
Financial Health criteria checks 6/6
TTM Technologies has a total shareholder equity of $1.5B and total debt of $917.7M, which brings its debt-to-equity ratio to 59.3%. Its total assets and total liabilities are $3.4B and $1.9B respectively. TTM Technologies's EBIT is $153.8M making its interest coverage ratio 3.1. It has cash and short-term investments of $470.3M.
Key information
59.3%
Debt to equity ratio
US$917.69m
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$470.30m |
| Equity | US$1.55b |
| Total liabilities | US$1.87b |
| Total assets | US$3.42b |
Recent financial health updates
Does TTM Technologies (NASDAQ:TTMI) Have A Healthy Balance Sheet?
Oct 16
Is TTM Technologies (NASDAQ:TTMI) A Risky Investment?
Jul 15TTM Technologies (NASDAQ:TTMI) Takes On Some Risk With Its Use Of Debt
Mar 26Does TTM Technologies (NASDAQ:TTMI) Have A Healthy Balance Sheet?
Dec 01These 4 Measures Indicate That TTM Technologies (NASDAQ:TTMI) Is Using Debt Extensively
Aug 24We Think TTM Technologies (NASDAQ:TTMI) Can Stay On Top Of Its Debt
May 12Recent updates
Does 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 25Is TTM Technologies (NASDAQ:TTMI) A Risky Investment?
Jul 15TTM Technologies, Inc. (NASDAQ:TTMI) Stock Rockets 31% But Many Are Still Ignoring The Company
May 21TTM Technologies (NASDAQ:TTMI) Takes On Some Risk With Its Use Of Debt
Mar 26TTM Technologies, Inc.'s (NASDAQ:TTMI) Prospects Need A Boost To Lift Shares
Feb 01Estimating The Fair Value Of TTM Technologies, Inc. (NASDAQ:TTMI)
Jan 06Does TTM Technologies (NASDAQ:TTMI) Have A Healthy Balance Sheet?
Dec 01Why TTM Technologies, Inc. (NASDAQ:TTMI) Could Be Worth Watching
Oct 19Calculating The Fair Value Of TTM Technologies, Inc. (NASDAQ:TTMI)
Sep 11These 4 Measures Indicate That TTM Technologies (NASDAQ:TTMI) Is Using Debt Extensively
Aug 24Why TTM Technologies, Inc. (NASDAQ:TTMI) Could Be Worth Watching
Jul 19A Look At The Fair Value Of TTM Technologies, Inc. (NASDAQ:TTMI)
May 27We Think TTM Technologies (NASDAQ:TTMI) Can Stay On Top Of Its Debt
May 12Should You Investigate TTM Technologies, Inc. (NASDAQ:TTMI) At US$16.70?
Jan 20We Ran A Stock Scan For Earnings Growth And TTM Technologies (NASDAQ:TTMI) Passed With Ease
Dec 12We Think TTM Technologies (NASDAQ:TTMI) Can Stay On Top Of Its Debt
Oct 24Is It Too Late To Consider Buying TTM Technologies, Inc. (NASDAQ:TTMI)?
Oct 06TTM Technologies, Inc.'s (NASDAQ:TTMI) Intrinsic Value Is Potentially 46% Above Its Share Price
Aug 31TTM Technologies: A Post-Recession Bet
Aug 29TTM Technologies stock gains on Q2 earnings beat, upside guidance
Aug 04TTM Technologies (NASDAQ:TTMI) Seems To Use Debt Quite Sensibly
Jul 16What Does TTM Technologies, Inc.'s (NASDAQ:TTMI) Share Price Indicate?
Jun 16Financial Position Analysis
Short Term Liabilities: TTMI's short term assets ($1.5B) exceed its short term liabilities ($763.3M).
Long Term Liabilities: TTMI's short term assets ($1.5B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: TTMI's net debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: TTMI's debt to equity ratio has reduced from 119.2% to 59.3% over the past 5 years.
Debt Coverage: TTMI's debt is well covered by operating cash flow (21.6%).
Interest Coverage: TTMI's interest payments on its debt are well covered by EBIT (3.1x coverage).