Auction Technology Group Balance Sheet Health
Financial Health criteria checks 3/6
Auction Technology Group has a total shareholder equity of $661.8M and total debt of $147.2M, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are $871.5M and $209.7M respectively. Auction Technology Group's EBIT is $29.4M making its interest coverage ratio 2. It has cash and short-term investments of $5.6M.
Key information
22.2%
Debt to equity ratio
US$147.18m
Debt
| Interest coverage ratio | 2x |
| Cash | US$5.61m |
| Equity | US$661.78m |
| Total liabilities | US$209.75m |
| Total assets | US$871.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 684's short term assets ($27.0M) do not cover its short term liabilities ($39.4M).
Long Term Liabilities: 684's short term assets ($27.0M) do not cover its long term liabilities ($170.4M).
Debt to Equity History and Analysis
Debt Level: 684's net debt to equity ratio (21.4%) is considered satisfactory.
Reducing Debt: 684 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 684's debt is well covered by operating cash flow (38.8%).
Interest Coverage: 684's interest payments on its debt are not well covered by EBIT (2x coverage).