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).