Align Technology Balance Sheet Health
Financial Health criteria checks 6/6
Align Technology has a total shareholder equity of $3.8B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $6.3B and $2.5B respectively. Align Technology's EBIT is $598.8M making its interest coverage ratio -39.8. It has cash and short-term investments of $1.3B.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -39.8x |
Cash | US$1.28b |
Equity | US$3.80b |
Total liabilities | US$2.52b |
Total assets | US$6.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFW's short term assets ($2.7B) exceed its short term liabilities ($2.1B).
Long Term Liabilities: AFW's short term assets ($2.7B) exceed its long term liabilities ($393.7M).
Debt to Equity History and Analysis
Debt Level: AFW is debt free.
Reducing Debt: AFW has not had any debt for past 5 years.
Debt Coverage: AFW has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AFW has no debt, therefore coverage of interest payments is not a concern.