AT & S Austria Technologie & Systemtechnik Balance Sheet Health
Financial Health criteria checks 2/6
AT & S Austria Technologie & Systemtechnik has a total shareholder equity of €966.6M and total debt of €2.1B, which brings its debt-to-equity ratio to 219.7%. Its total assets and total liabilities are €4.7B and €3.7B respectively. AT & S Austria Technologie & Systemtechnik's EBIT is €31.1M making its interest coverage ratio 0.3. It has cash and short-term investments of €676.5M.
Key information
219.7%
Debt to equity ratio
€2.12b
Debt
Interest coverage ratio | 0.3x |
Cash | €676.49m |
Equity | €966.58m |
Total liabilities | €3.71b |
Total assets | €4.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATS's short term assets (€1.2B) exceed its short term liabilities (€1.1B).
Long Term Liabilities: ATS's short term assets (€1.2B) do not cover its long term liabilities (€2.6B).
Debt to Equity History and Analysis
Debt Level: ATS's net debt to equity ratio (149.7%) is considered high.
Reducing Debt: ATS's debt to equity ratio has increased from 89.2% to 219.7% over the past 5 years.
Debt Coverage: ATS's debt is well covered by operating cash flow (30.8%).
Interest Coverage: ATS's interest payments on its debt are not well covered by EBIT (0.3x coverage).