Applied Materials Balance Sheet Health
Financial Health criteria checks 6/6
Applied Materials has a total shareholder equity of $19.0B and total debt of $6.3B, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are $34.4B and $15.4B respectively. Applied Materials's EBIT is $7.9B making its interest coverage ratio -27.6. It has cash and short-term investments of $9.5B.
Key information
32.9%
Debt to equity ratio
US$6.26b
Debt
| Interest coverage ratio | -27.6x |
| Cash | US$9.47b |
| Equity | US$19.00b |
| Total liabilities | US$15.41b |
| Total assets | US$34.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMATD's short term assets ($21.2B) exceed its short term liabilities ($8.5B).
Long Term Liabilities: AMATD's short term assets ($21.2B) exceed its long term liabilities ($6.9B).
Debt to Equity History and Analysis
Debt Level: AMATD has more cash than its total debt.
Reducing Debt: AMATD's debt to equity ratio has reduced from 64.7% to 32.9% over the past 5 years.
Debt Coverage: AMATD's debt is well covered by operating cash flow (138.6%).
Interest Coverage: AMATD earns more interest than it pays, so coverage of interest payments is not a concern.