Advanced Energy Industries Balance Sheet Health
Financial Health criteria checks 5/6
Advanced Energy Industries has a total shareholder equity of $1.1B and total debt of $911.5M, which brings its debt-to-equity ratio to 79.8%. Its total assets and total liabilities are $2.5B and $1.4B respectively. Advanced Energy Industries's EBIT is $102.6M making its interest coverage ratio -6.8. It has cash and short-term investments of $1.0B.
Key information
79.8%
Debt to equity ratio
US$911.50m
Debt
Interest coverage ratio | -6.8x |
Cash | US$1.02b |
Equity | US$1.14b |
Total liabilities | US$1.38b |
Total assets | US$2.52b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AVX's short term assets ($1.7B) exceed its short term liabilities ($298.0M).
Long Term Liabilities: AVX's short term assets ($1.7B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: AVX has more cash than its total debt.
Reducing Debt: AVX's debt to equity ratio has increased from 0% to 79.8% over the past 5 years.
Debt Coverage: AVX's debt is well covered by operating cash flow (20.5%).
Interest Coverage: AVX earns more interest than it pays, so coverage of interest payments is not a concern.