TPG Telecom Balance Sheet Health
Financial Health criteria checks 3/6
TPG Telecom has a total shareholder equity of A$11.9B and total debt of A$3.7B, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are A$19.4B and A$7.5B respectively. TPG Telecom's EBIT is A$308.0M making its interest coverage ratio 1.6. It has cash and short-term investments of A$114.0M.
Key information
31.0%
Debt to equity ratio
AU$3.69b
Debt
| Interest coverage ratio | 1.6x |
| Cash | AU$114.00m |
| Equity | AU$11.90b |
| Total liabilities | AU$7.47b |
| Total assets | AU$19.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPGT.F's short term assets (A$1.0B) do not cover its short term liabilities (A$1.7B).
Long Term Liabilities: TPGT.F's short term assets (A$1.0B) do not cover its long term liabilities (A$5.7B).
Debt to Equity History and Analysis
Debt Level: TPGT.F's net debt to equity ratio (30.1%) is considered satisfactory.
Reducing Debt: TPGT.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: TPGT.F's debt is well covered by operating cash flow (33.9%).
Interest Coverage: TPGT.F's interest payments on its debt are not well covered by EBIT (1.6x coverage).