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Financial viability and sustainability

Presentation: TEI sector 2009 audit debriefing.

TEC's financial viability and sustainability measures for TEIs:

  • Operating surplus/deficit to total income
  • Core earnings – EBIITDA
  • Net cash flows from operations
  • Liquid funds ratio
  • Ability to service debt – interest coverage ratio
  • Quick ratio
  • Debt equity ratio
  • Achievement of EFTS
  • Return on net assets employed
  • Return on fixed assets employed
  • Debt repayment – total debt less any surplus liquidity to operating surplus
  • Trend and variability in financial viability indicators
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