Advanced Technology & Materials Balance Sheet Health
Financial Health criteria checks 6/6
Advanced Technology & Materials has a total shareholder equity of CN¥6.6B and total debt of CN¥809.3M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are CN¥11.2B and CN¥4.6B respectively. Advanced Technology & Materials's EBIT is CN¥308.9M making its interest coverage ratio -17.1. It has cash and short-term investments of CN¥2.3B.
Key information
12.3%
Debt to equity ratio
CN¥809.31m
Debt
Interest coverage ratio | -17.1x |
Cash | CN¥2.30b |
Equity | CN¥6.55b |
Total liabilities | CN¥4.63b |
Total assets | CN¥11.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000969's short term assets (CN¥6.7B) exceed its short term liabilities (CN¥3.8B).
Long Term Liabilities: 000969's short term assets (CN¥6.7B) exceed its long term liabilities (CN¥855.6M).
Debt to Equity History and Analysis
Debt Level: 000969 has more cash than its total debt.
Reducing Debt: 000969's debt to equity ratio has reduced from 30.5% to 12.3% over the past 5 years.
Debt Coverage: 000969's debt is well covered by operating cash flow (86.9%).
Interest Coverage: 000969 earns more interest than it pays, so coverage of interest payments is not a concern.