Applied Materials Balance Sheet Health
Financial Health criteria checks 6/6
Applied Materials has a total shareholder equity of $18.2B and total debt of $5.6B, which brings its debt-to-equity ratio to 30.6%. Its total assets and total liabilities are $31.9B and $13.8B respectively. Applied Materials's EBIT is $7.7B making its interest coverage ratio -25.5. It has cash and short-term investments of $7.6B.
Key information
30.6%
Debt to equity ratio
US$5.56b
Debt
Interest coverage ratio | -25.5x |
Cash | US$7.56b |
Equity | US$18.20b |
Total liabilities | US$13.75b |
Total assets | US$31.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AP2D's short term assets ($19.3B) exceed its short term liabilities ($6.9B).
Long Term Liabilities: AP2D's short term assets ($19.3B) exceed its long term liabilities ($6.9B).
Debt to Equity History and Analysis
Debt Level: AP2D has more cash than its total debt.
Reducing Debt: AP2D's debt to equity ratio has reduced from 64.8% to 30.6% over the past 5 years.
Debt Coverage: AP2D's debt is well covered by operating cash flow (141.2%).
Interest Coverage: AP2D earns more interest than it pays, so coverage of interest payments is not a concern.