Applied Materials Balance Sheet Health
Financial Health criteria checks 6/6
Applied Materials has a total shareholder equity of $17.4B and total debt of $5.6B, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are $31.5B and $14.1B respectively. Applied Materials's EBIT is $7.7B making its interest coverage ratio 35.6. It has cash and short-term investments of $7.5B.
Key information
31.9%
Debt to equity ratio
US$5.56b
Debt
Interest coverage ratio | 35.6x |
Cash | US$7.49b |
Equity | US$17.43b |
Total liabilities | US$14.11b |
Total assets | US$31.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AP2's short term assets ($19.2B) exceed its short term liabilities ($7.1B).
Long Term Liabilities: AP2's short term assets ($19.2B) exceed its long term liabilities ($7.0B).
Debt to Equity History and Analysis
Debt Level: AP2 has more cash than its total debt.
Reducing Debt: AP2's debt to equity ratio has reduced from 64.7% to 31.9% over the past 5 years.
Debt Coverage: AP2's debt is well covered by operating cash flow (157.4%).
Interest Coverage: AP2's interest payments on its debt are well covered by EBIT (35.6x coverage).