Advanced Technology & Materials Balance Sheet Health
Financial Health criteria checks 6/6
Advanced Technology & Materials has a total shareholder equity of CN¥6.4B and total debt of CN¥850.6M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are CN¥10.9B and CN¥4.6B respectively. Advanced Technology & Materials's EBIT is CN¥343.6M making its interest coverage ratio -2.4. It has cash and short-term investments of CN¥2.3B.
Key information
13.4%
Debt to equity ratio
CN¥850.57m
Debt
| Interest coverage ratio | -2.4x |
| Cash | CN¥2.26b |
| Equity | CN¥6.36b |
| Total liabilities | CN¥4.58b |
| Total assets | CN¥10.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000969's short term assets (CN¥6.5B) exceed its short term liabilities (CN¥3.6B).
Long Term Liabilities: 000969's short term assets (CN¥6.5B) exceed its long term liabilities (CN¥945.9M).
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 25.6% to 13.4% over the past 5 years.
Debt Coverage: 000969's debt is well covered by operating cash flow (98%).
Interest Coverage: 000969 earns more interest than it pays, so coverage of interest payments is not a concern.