TE Connectivity (TEL) Debt Metrics
Market Cap: $44.45B
Avg Volume: 1.61M
Industry: Hardware, Equipment & Parts
Sector: Technology
How much debt does TE Connectivity have?
According to TE Connectivity's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
TE Connectivity's total debt stands at $4.20B. This is broken down into:
- Long-term debt: $3.33B
- Short-term debt: $871.00M
The company's net debt, which accounts for cash and cash equivalents, is $2.88B. In terms of overall financial obligations, TE Connectivity's total liabilities amount to $10.37B.
Debt Ratios and Metrics
To better understand TE Connectivity's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.34 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 18.39% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 42.61 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 21.24% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 25.38% - this indicates the total debt in the company's capital structure.
These metrics provide insight into TE Connectivity's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$4.20B
Long-term Debt
$3.33B
Short-term Debt
$871.00M
Net Debt
$2.88B
Total Liabilities
$10.37B
Interest Coverage
42.61
Debt to Equity Ratio
0.34
Debt Ratio
18.39%
TE Connectivity Historical Debt Metrics
TE Connectivity Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $4.20B | $3.33B | $871.00M | $2.88B | $10.37B | 0.34 | 18.39% | 42.61 | 21.24% | 25.38% |
| 2023 | $4.21B | $3.81B | $800.00M | $2.55B | $10.06B | 0.36 | 19.39% | 28.80 | 23.40% | 26.72% |
| 2022 | $4.21B | $3.29B | $1.04B | $3.12B | $9.88B | 0.39 | 20.24% | 41.76 | 23.36% | 28.03% |
| 2021 | $4.09B | $3.92B | $621.00M | $2.89B | $10.71B | 0.38 | 19.07% | 43.46 | 25.23% | 27.79% |
| 2020 | $4.15B | $3.80B | $810.00M | $3.20B | $9.75B | 0.44 | 21.55% | 36.77 | 26.90% | 30.65% |
| 2019 | $3.96B | $3.40B | $570.00M | $3.04B | $9.12B | 0.38 | 20.13% | 29.09 | 24.31% | 27.28% |
| 2018 | $4.00B | $3.04B | $963.00M | $3.15B | $9.55B | 0.37 | 19.62% | 21.79 | 21.90% | 26.97% |
| 2017 | $4.34B | $3.63B | $710.00M | $3.13B | $9.65B | 0.45 | 22.39% | 15.75 | 27.15% | 30.82% |
| 2016 | $4.07B | $3.74B | $331.00M | $3.42B | $9.12B | 0.48 | 23.11% | 14.98 | 30.59% | 32.42% |
| 2015 | $3.90B | $3.40B | $500.00M | $574.00M | $11.02B | 0.41 | 18.94% | 12.86 | 26.20% | 28.94% |
Related Metrics
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