AP Memory Technology Balance Sheet Health
Financial Health criteria checks 6/6
AP Memory Technology has a total shareholder equity of NT$11.0B and total debt of NT$13.3M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are NT$13.2B and NT$2.2B respectively. AP Memory Technology's EBIT is NT$877.9M making its interest coverage ratio -2.2. It has cash and short-term investments of NT$9.5B.
Key information
0.1%
Debt to equity ratio
NT$13.34m
Debt
Interest coverage ratio | -2.2x |
Cash | NT$9.54b |
Equity | NT$11.03b |
Total liabilities | NT$2.22b |
Total assets | NT$13.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APMT's short term assets (NT$11.2B) exceed its short term liabilities (NT$2.1B).
Long Term Liabilities: APMT's short term assets (NT$11.2B) exceed its long term liabilities (NT$99.5M).
Debt to Equity History and Analysis
Debt Level: APMT has more cash than its total debt.
Reducing Debt: APMT's debt to equity ratio has reduced from 15.5% to 0.1% over the past 5 years.
Debt Coverage: APMT's debt is well covered by operating cash flow (18295.4%).
Interest Coverage: APMT earns more interest than it pays, so coverage of interest payments is not a concern.