Hollysys Automation Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Hollysys Automation Technologies has a total shareholder equity of $1.2B and total debt of $64.0M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are $1.8B and $605.5M respectively. Hollysys Automation Technologies's EBIT is $76.6M making its interest coverage ratio -6.4. It has cash and short-term investments of $756.6M.
Key information
5.1%
Debt to equity ratio
US$63.95m
Debt
Interest coverage ratio | -6.4x |
Cash | US$756.58m |
Equity | US$1.24b |
Total liabilities | US$605.47m |
Total assets | US$1.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 46H's short term assets ($1.6B) exceed its short term liabilities ($537.8M).
Long Term Liabilities: 46H's short term assets ($1.6B) exceed its long term liabilities ($67.6M).
Debt to Equity History and Analysis
Debt Level: 46H has more cash than its total debt.
Reducing Debt: 46H's debt to equity ratio has increased from 2.6% to 5.1% over the past 5 years.
Debt Coverage: 46H's debt is well covered by operating cash flow (148.6%).
Interest Coverage: 46H earns more interest than it pays, so coverage of interest payments is not a concern.