BATM Advanced Communications Balance Sheet Health
Financial Health criteria checks 5/6
BATM Advanced Communications has a total shareholder equity of $119.4M and total debt of $4.6M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are $174.6M and $55.2M respectively. BATM Advanced Communications's EBIT is $705.0K making its interest coverage ratio 2. It has cash and short-term investments of $40.8M.
Key information
3.9%
Debt to equity ratio
US$4.60m
Debt
Interest coverage ratio | 2x |
Cash | US$40.76m |
Equity | US$119.44m |
Total liabilities | US$55.19m |
Total assets | US$174.63m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BVCL's short term assets ($110.2M) exceed its short term liabilities ($47.1M).
Long Term Liabilities: BVCL's short term assets ($110.2M) exceed its long term liabilities ($8.1M).
Debt to Equity History and Analysis
Debt Level: BVCL has more cash than its total debt.
Reducing Debt: BVCL's debt to equity ratio has reduced from 7.1% to 3.9% over the past 5 years.
Debt Coverage: BVCL's debt is well covered by operating cash flow (108.8%).
Interest Coverage: BVCL's interest payments on its debt are not well covered by EBIT (2x coverage).