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 $6.2B and $2.4B respectively. Align Technology's EBIT is $677.3M making its interest coverage ratio -35.1. It has cash and short-term investments of $898.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -35.1x |
Cash | US$898.91m |
Equity | US$3.76b |
Total liabilities | US$2.40b |
Total assets | US$6.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFW's short term assets ($2.5B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: AFW's short term assets ($2.5B) exceed its long term liabilities ($372.9M).
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.