Asetek Balance Sheet Health
Financial Health criteria checks 1/6
Asetek has a total shareholder equity of $41.2M and total debt of $21.6M, which brings its debt-to-equity ratio to 52.4%. Its total assets and total liabilities are $78.9M and $37.6M respectively.
Key information
52.4%
Debt to equity ratio
US$21.59m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.41m |
| Equity | US$41.24m |
| Total liabilities | US$37.63m |
| Total assets | US$78.87m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASTK's short term assets ($21.4M) exceed its short term liabilities ($16.0M).
Long Term Liabilities: ASTK's short term assets ($21.4M) do not cover its long term liabilities ($21.6M).
Debt to Equity History and Analysis
Debt Level: ASTK's net debt to equity ratio (44.1%) is considered high.
Reducing Debt: ASTK's debt to equity ratio has increased from 3.7% to 52.4% over the past 5 years.
Debt Coverage: ASTK's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: Insufficient data to determine if ASTK's interest payments on its debt are well covered by EBIT.