ABC Technologies Holdings Balance Sheet Health
Financial Health criteria checks 3/6
ABC Technologies Holdings has a total shareholder equity of $323.3M and total debt of $429.4M, which brings its debt-to-equity ratio to 132.8%. Its total assets and total liabilities are $1.6B and $1.3B respectively. ABC Technologies Holdings's EBIT is $66.6M making its interest coverage ratio 1.4. It has cash and short-term investments of $35.7M.
Key information
132.8%
Debt to equity ratio
US$429.42m
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$35.71m |
| Equity | US$323.32m |
| Total liabilities | US$1.28b |
| Total assets | US$1.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ABCT's short term assets ($500.5M) exceed its short term liabilities ($425.7M).
Long Term Liabilities: ABCT's short term assets ($500.5M) do not cover its long term liabilities ($855.5M).
Debt to Equity History and Analysis
Debt Level: ABCT's net debt to equity ratio (121.8%) is considered high.
Reducing Debt: ABCT's debt to equity ratio has reduced from 236.6% to 132.8% over the past 5 years.
Debt Coverage: ABCT's debt is well covered by operating cash flow (23.5%).
Interest Coverage: ABCT's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/10/27 12:37 |
| End of Day Share Price | 2023/10/25 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2023/06/30 |
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
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Analyst Sources
ABC Technologies Holdings Inc. is covered by 7 analysts. 3 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 |
|---|---|
| Peter Sklar | BMO Capital Markets Equity Research |
| John Chu | Desjardins Securities Inc. |
| Ryan Joseph Brinkman | J.P. Morgan |