Amiad Water Systems Balance Sheet Health
Financial Health criteria checks 6/6
Amiad Water Systems has a total shareholder equity of $79.2M and total debt of $16.1M, which brings its debt-to-equity ratio to 20.3%. Its total assets and total liabilities are $144.4M and $65.3M respectively. Amiad Water Systems's EBIT is $7.3M making its interest coverage ratio 3.2. It has cash and short-term investments of $12.2M.
Key information
20.3%
Debt to equity ratio
US$16.11m
Debt
| Interest coverage ratio | 3.2x |
| Cash | US$12.19m |
| Equity | US$79.18m |
| Total liabilities | US$65.26m |
| Total assets | US$144.44m |
Financial Position Analysis
Short Term Liabilities: AMD's short term assets ($93.7M) exceed its short term liabilities ($49.2M).
Long Term Liabilities: AMD's short term assets ($93.7M) exceed its long term liabilities ($16.0M).
Debt to Equity History and Analysis
Debt Level: AMD's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: AMD's debt to equity ratio has reduced from 45.3% to 20.3% over the past 5 years.
Debt Coverage: AMD's debt is well covered by operating cash flow (30%).
Interest Coverage: AMD's interest payments on its debt are well covered by EBIT (3.2x coverage).