Ambertech Balance Sheet Health
Financial Health criteria checks 6/6
Ambertech has a total shareholder equity of A$23.5M and total debt of A$7.7M, which brings its debt-to-equity ratio to 32.5%. Its total assets and total liabilities are A$50.9M and A$27.3M respectively. Ambertech's EBIT is A$5.0M making its interest coverage ratio 3.9. It has cash and short-term investments of A$1.6M.
Key information
32.5%
Debt to equity ratio
AU$7.66m
Debt
Interest coverage ratio | 3.9x |
Cash | AU$1.57m |
Equity | AU$23.54m |
Total liabilities | AU$27.31m |
Total assets | AU$50.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMO's short term assets (A$42.2M) exceed its short term liabilities (A$21.6M).
Long Term Liabilities: AMO's short term assets (A$42.2M) exceed its long term liabilities (A$5.7M).
Debt to Equity History and Analysis
Debt Level: AMO's net debt to equity ratio (25.9%) is considered satisfactory.
Reducing Debt: AMO's debt to equity ratio has reduced from 59.7% to 32.5% over the past 5 years.
Debt Coverage: AMO's debt is well covered by operating cash flow (28.3%).
Interest Coverage: AMO's interest payments on its debt are well covered by EBIT (3.9x coverage).