Ambertech Balance Sheet Health
Financial Health criteria checks 5/6
Ambertech has a total shareholder equity of A$22.2M and total debt of A$5.1M, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are A$50.8M and A$28.5M respectively. Ambertech's EBIT is A$2.7M making its interest coverage ratio 2.3. It has cash and short-term investments of A$2.0M.
Key information
22.9%
Debt to equity ratio
AU$5.10m
Debt
| Interest coverage ratio | 2.3x |
| Cash | AU$2.05m |
| Equity | AU$22.22m |
| Total liabilities | AU$28.54m |
| Total assets | AU$50.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMO's short term assets (A$41.8M) exceed its short term liabilities (A$22.9M).
Long Term Liabilities: AMO's short term assets (A$41.8M) exceed its long term liabilities (A$5.7M).
Debt to Equity History and Analysis
Debt Level: AMO's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: AMO's debt to equity ratio has reduced from 64% to 22.9% over the past 5 years.
Debt Coverage: AMO's debt is well covered by operating cash flow (98.5%).
Interest Coverage: AMO's interest payments on its debt are not well covered by EBIT (2.3x coverage).