The company has significantly improved its financial flexibility by reducing the debt-to-equity ratio to 0.99 in 2026Q1 from a high of 11.65 in 2024Q1.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 |
|---|
| Total Current Assets | 1.24B | 837M | 749M | 869M | 1.03B | 1.11B | 1.04B | 1.01B | 1.43B | 1.75B | 1.61B | 1.84B | 1.57B | 1.56B | 1.53B | 1.41B | 1.41B | 1.15B | 1.01B | 873M | 502M | 0 |
| Cash & Short-Term Investments | 816M | 493M | 420M | 486M | 569M | 592M | 529M | 494M | 715M | 1.09B | 974M | 839M | 834M | 695M | 729M | 772M | 883M | 661M | 442M | 270M | 0 | 0 |
| Cash Only | 816M | 493M | 420M | 486M | 569M | 592M | 529M | 494M | 715M | 1.09B | 974M | 839M | 834M | 695M | 729M | 772M | 883M | 661M | 402M | 270M | 0 | 0 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40M | 0 | 0 | 0 |
| Accounts Receivable | 322M | 251M | 246M | 299M | 377M | 421M | 416M | 415M | 588M | 554M | 548M | 580M | 619M | 717M | 668M | 494M | 402M | 387M | 451M | 507M | 379M | 0 |
| Days Sales Outstanding | 63.48 | 55.09 | 51.31 | 59.54 | 76.66 | 80.16 | 82.7 | 79.77 | 99.18 | 93.79 | 86.14 | 83.68 | 82.7 | 97.22 | 91.49 | 76.34 | 75.79 | 82.65 | 93.43 | 108.73 | 89.42 | - |
| Inventory | 5M | 13M | 18M | 13M | 8M | 26M | 29M | 31M | 28M | 30M | 34M | 49M | 38M | 56M | 47M | 61M | 65M | 47M | 44M | 51M | 39M | 0 |
| Days Inventory Outstanding | 3.8 | 7.08 | 9.49 | 6.61 | 4.09 | 12.98 | 12.96 | 11.99 | 8.98 | 9.66 | 10.94 | 14.26 | 11.07 | 16.77 | 14.61 | 17.22 | 27.98 | 22.25 | 19.75 | 23.68 | 19.83 | - |
| Other Current Assets | 97M | 80M | 65M | 71M | 74M | 67M | 70M | 91M | 97M | 77M | 65M | 266M | 81M | 95M | 90M | 85M | 56M | 57M | 78M | 45M | 84M | 0 |
| Total Non-Current Assets | 902M | 942M | 955M | 1B | 994M | 1.06B | 1.15B | 1.04B | 932M | 806M | 792M | 792M | 1.56B | 1.53B | 1.53B | 1.2B | 477M | 417M | 416M | 421M | 501M | 0 |
| Property, Plant & Equipment | 208M | 205M | 193M | 248M | 257M | 314M | 377M | 401M | 295M | 162M | 138M | 143M | 159M | 161M | 150M | 120M | 105M | 95M | 88M | 94M | 64M | 0 |
| Fixed Asset Turnover | 8.07x | 8.11x | 9.07x | 7.39x | 6.98x | 6.11x | 4.87x | 4.74x | 7.34x | 13.31x | 16.83x | 17.69x | 17.18x | 16.72x | 17.77x | 19.68x | 18.44x | 17.99x | 20.02x | 18.11x | 24.17x | - |
| Goodwill | 397M | 399M | 394M | 398M | 390M | 396M | 401M | 396M | 395M | 399M | 390M | 380M | 948M | 946M | 932M | 742M | 136M | 109M | 110M | 90M | 90M | 0 |
| Intangible Assets | 0 | 42M | 0 | 0 | 0 | 0 | 0 | 46M | 88M | 144M | 198M | 212M | 335M | 344M | 359M | 303M | 116M | 102M | 80M | 61M | 59M | 0 |
| Long-Term Investments | 2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 78M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 128M | 87M | 142M | 137M | 134M | 151M | 149M | 113M | 87M | 44M | 17M | 20M | 20M | 58M | 62M | 11M | 61M | 27M | 29M | 36M | 23M | 0 |
| Total Assets | 2.14B | 1.78B | 1.7B | 1.87B | 2.02B | 2.17B | 2.19B | 2.06B | 2.36B | 2.56B | 2.4B | 2.63B | 3.13B | 3.1B | 3.07B | 2.62B | 1.88B | 1.57B | 1.43B | 1.29B | 1B | 911M |
| Asset Turnover | 0.91x | 0.93x | 1.03x | 0.98x | 0.89x | 0.88x | 0.84x | 0.92x | 0.92x | 0.84x | 0.97x | 0.96x | 0.87x | 0.87x | 0.87x | 0.90x | 1.03x | 1.09x | 1.23x | 1.32x | 1.54x | 1.61x |
| Asset Growth % | 39.9% | 4.4% | -9.02% | -7.37% | -6.78% | -1.09% | 6.61% | -12.84% | -7.67% | 6.28% | -8.62% | -15.96% | 1.16% | 0.98% | 17.2% | 38.93% | 20.01% | 9.72% | 10.51% | 29.01% | 10.1% | - |
| Total Current Liabilities | 954M | 914M | 930M | 996M | 1.01B | 1.03B | 952M | 886M | 1.01B | 1.06B | 719M | 953M | 995M | 776M | 806M | 695M | 569M | 543M | 540M | 572M | 393M | 0 |
| Accounts Payable | 58M | 96M | 106M | 100M | 94M | 67M | 50M | 66M | 141M | 74M | 103M | 96M | 126M | 114M | 141M | 97M | 102M | 102M | 99M | 120M | 67M | 0 |
| Days Payables Outstanding | 50.11 | 52.3 | 55.91 | 50.84 | 48.05 | 33.45 | 22.34 | 25.52 | 45.22 | 23.82 | 33.15 | 27.94 | 36.7 | 34.13 | 43.84 | 27.38 | 43.9 | 48.29 | 44.45 | 55.73 | 34.06 | - |
| Short-Term Debt | 76M | 25M | 25M | 19M | 0 | 88M | 44M | 25M | 19M | 300M | 30M | 210M | 273M | 26M | 15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 2.18B | 0 | 512M | 570M | 589M | 552M | 499M | 472M | 490M | 414M | 369M | 367M | 370M | 390M | 375M | 339M | 263M | 256M | 255M | 246M | 0 | 0 |
| Other Current Liabilities | 217M | 621M | 46M | 53M | 86M | 58M | 66M | 60M | 108M | 100M | 88M | 160M | 101M | 110M | 117M | 90M | 204M | 185M | 186M | 118M | 326M | 0 |
| Current Ratio | 1.30x | 0.92x | 0.81x | 0.87x | 1.02x | 1.07x | 1.10x | 1.14x | 1.42x | 1.65x | 2.24x | 1.93x | 1.58x | 2.01x | 1.90x | 2.03x | 2.47x | 2.12x | 1.88x | 1.53x | 1.28x | - |
| Quick Ratio | 1.29x | 0.90x | 0.79x | 0.86x | 1.01x | 1.05x | 1.07x | 1.11x | 1.39x | 1.62x | 2.20x | 1.88x | 1.54x | 1.94x | 1.84x | 1.94x | 2.36x | 2.03x | 1.80x | 1.44x | 1.18x | - |
| Cash Conversion Cycle | 17.18 | 9.87 | 4.89 | 15.31 | 32.7 | 59.69 | 73.32 | 66.23 | 62.93 | 79.63 | 63.93 | 70 | 57.06 | 79.85 | 62.26 | 66.18 | 59.86 | 56.62 | 68.73 | 76.69 | 75.19 | - |
| Total Non-Current Liabilities | 631M | 635M | 641M | 742M | 757M | 676M | 841M | 910M | 856M | 825M | 715M | 740M | 430M | 463M | 481M | 427M | 125M | 116M | 113M | 91M | 19M | 0 |
| Long-Term Debt | 477M | 435M | 455M | 480M | 498M | 324M | 411M | 454M | 478M | 478M | 538M | 570M | 195M | 248M | 274M | 290M | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 152M | 49M | 35M | 69M | 64M | 71M | 98M | 113M | 30M | 0 | 0 | -3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 44M | 12M | 9M | 8M | 7M | 7M | 6M | 6M | 3M | 4M | 33M | 39M | 86M | 87M | 83M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 142M | 128M | 132M | 163M | 180M | 247M | 288M | 275M | 240M | 258M | 128M | 112M | 131M | 103M | 94M | 137M | 125M | 116M | 113M | 91M | 19M | 0 |
| Total Liabilities | 1.58B | 1.55B | 1.57B | 1.74B | 1.76B | 1.71B | 1.79B | 1.79B | 1.86B | 1.89B | 1.43B | 1.69B | 1.43B | 1.24B | 1.29B | 1.12B | 694M | 659M | 653M | 663M | 412M | 394M |
| Total Debt | 553M | 561M | 576M | 640M | 637M | 572M | 643M | 667M | 544M | 778M | 568M | 780M | 468M | 248M | 274M | 290M | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Debt | -263M | 68M | 156M | 154M | 68M | -20M | 114M | 173M | -171M | -311M | -406M | -59M | -366M | -447M | -455M | -482M | -883M | -661M | -402M | -270M | 0 | 0 |
| Debt / Equity | 0.99x | 2.44x | 4.33x | 4.74x | 2.47x | 1.24x | 1.61x | 2.55x | 1.10x | 1.16x | 0.58x | 0.83x | 0.27x | 0.13x | 0.15x | 0.19x | - | - | - | - | - | - |
| Debt / EBITDA | 3.16x | 1.90x | 1.86x | 2.12x | 2.53x | 1.51x | 3.42x | 4.42x | 3.16x | 3.85x | 1.58x | 10.00x | 0.70x | 0.37x | 0.39x | 0.52x | - | - | - | - | - | - |
| Net Debt / EBITDA | -1.50x | 0.23x | 0.50x | 0.51x | 0.27x | -0.05x | 0.61x | 1.15x | -0.99x | -1.54x | -1.13x | -0.76x | -0.54x | -0.66x | -0.64x | -0.86x | -1.86x | -1.65x | -1.02x | -0.70x | - | - |
| Interest Coverage | 7.46x | - | 6.66x | 4.90x | 3.79x | 8.38x | 0.11x | 0.50x | 2.23x | 4.87x | 19.42x | -15.00x | 165.67x | - | - | - | - | - | - | - | - | - |
| Total Equity | 557M | 230M | 133M | 135M | 258M | 460M | 400M | 262M | 495M | 668M | 971M | 939M | 1.71B | 1.86B | 1.78B | 1.49B | 1.19B | 910M | 777M | 631M | 591M | 517M |
| Equity Growth % | 535.33% | 72.93% | -1.48% | -47.67% | -43.91% | 15% | 52.67% | -47.07% | -25.9% | -31.2% | 3.41% | -44.99% | -8.08% | 4.38% | 19.08% | 25.65% | 30.66% | 17.12% | 23.14% | 6.77% | 14.31% | - |
| Book Value per Share | 5.77 | 2.38 | 1.35 | 1.32 | 2.44 | 4.07 | 3.58 | 2.29 | 4.08 | 5.31 | 7.38 | 6.73 | 10.82 | 11.16 | 10.36 | 8.69 | 6.98 | 5.23 | 4.32 | 3.48 | 3.27 | 2.86 |
| Total Shareholders' Equity | 557M | 230M | 133M | 135M | 258M | 460M | 400M | 262M | 495M | 668M | 971M | 939M | 1.71B | 1.86B | 1.78B | 1.49B | 1.19B | 910M | 777M | 631M | 591M | 517M |
| Common Stock | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 0 | 0 |
| Retained Earnings | -1.62B | -1.92B | -1.91B | -1.81B | -1.56B | -1.21B | -1.11B | -1.14B | -823M | -580M | -161M | -114M | 656M | 2.03B | 1.66B | 1.24B | 884M | 583M | 329M | 79M | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.18B | -806M | -526M | -399M | -311M | -137M | 0 | 0 | 0 |
| Accumulated OCI | -153M | -153M | -147M | -129M | -119M | -138M | -143M | -141M | -101M | -74M | -89M | -76M | -4M | 33M | 29M | 16M | 12M | 14M | 11M | -5M | 18M | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cloud transition execution risk
According to recent SEC filings, Teradata's equity position has shown a notable recovery, rising from $54 million in 2024Q1 to $557 million by 2026Q1, signaling a potential stabilization in the firm's net worth as the cloud-first transition begins to move past its most capital-intensive phase.
The significant expansion in equity suggests that the company is successfully navigating the trough of its business model transformation. Investors should monitor whether this trend continues, as it implies a reduction in the balance sheet erosion that characterized the earlier stages of the cloud migration.
Based on reported financial statements, Teradata has successfully reduced its debt-to-equity ratio from a peak of 11.65 in 2024Q1 to 0.99 in 2026Q1, reflecting a disciplined approach to capital structure management during a period of significant operational volatility and strategic realignment.
The sharp decline in leverage metrics indicates that the company is prioritizing balance sheet health, which may provide a necessary buffer against the inherent uncertainties of the cloud-first transition. This reduction in debt burden appears to be a strategic move to lower interest expenses and improve overall financial resilience.
As reported in quarterly filings, Teradata's current ratio has improved from 0.78 in 2024Q1 to 1.30 in 2026Q1, suggesting that the firm is building a more robust liquidity buffer to support its ongoing R&D and cloud infrastructure investments.
The improvement in the current ratio suggests that the company is better positioned to meet its short-term obligations compared to previous periods. This liquidity profile warrants further investigation to ensure that the cash accumulation is sustainable and not merely a result of temporary working capital fluctuations.
Based on the company's balance sheet data, retained earnings remain deeply negative at -$1.6 billion as of 2026Q1, highlighting the long-term impact of historical restructuring and the ongoing costs associated with the pivot toward a subscription-based cloud revenue model.
The persistent negative retained earnings suggest that the company is still working through the financial legacy of its previous business model. While the equity base is growing, the underlying deficit indicates that the firm has yet to generate sufficient cumulative profitability to offset past strategic costs.
Quick answers to the most common questions about buying TDC stock.
As of 2025, Teradata Corporation (TDC) had total assets of $1.78B including $837.0M in current assets.
Teradata Corporation (TDC) carries total debt of $561.0M, offset by $493.0M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Teradata Corporation (TDC) has total shareholders' equity (book value) of $230.0M ($2.38 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Teradata Corporation (TDC) reported a current ratio of 0.92x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.