Advanced Braking Technology Balance Sheet Health
Financial Health criteria checks 6/6
Advanced Braking Technology has a total shareholder equity of A$8.9M and total debt of A$286.0K, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are A$12.8M and A$4.0M respectively. Advanced Braking Technology's EBIT is A$1.8M making its interest coverage ratio 15.5. It has cash and short-term investments of A$2.5M.
Key information
3.2%
Debt to equity ratio
AU$286.00k
Debt
| Interest coverage ratio | 15.5x |
| Cash | AU$2.45m |
| Equity | AU$8.87m |
| Total liabilities | AU$3.96m |
| Total assets | AU$12.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABV's short term assets (A$10.6M) exceed its short term liabilities (A$2.9M).
Long Term Liabilities: ABV's short term assets (A$10.6M) exceed its long term liabilities (A$1.1M).
Debt to Equity History and Analysis
Debt Level: ABV has more cash than its total debt.
Reducing Debt: ABV's debt to equity ratio has reduced from 103.8% to 3.2% over the past 5 years.
Debt Coverage: ABV's debt is well covered by operating cash flow (117.1%).
Interest Coverage: ABV's interest payments on its debt are well covered by EBIT (15.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 17:57 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Advanced Braking Technology Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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