Asetek Balance Sheet Health
Financial Health criteria checks 4/6
Asetek has a total shareholder equity of $66.1M and total debt of $17.2M, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are $102.7M and $36.6M respectively. Asetek's EBIT is $10.3M making its interest coverage ratio -37.1. It has cash and short-term investments of $9.1M.
Key information
26.0%
Debt to equity ratio
US$17.22m
Debt
Interest coverage ratio | -37.1x |
Cash | US$9.12m |
Equity | US$66.13m |
Total liabilities | US$36.61m |
Total assets | US$102.74m |
Recent financial health updates
Recent updates
The Returns At Asetek (OB:ASTK) Aren't Growing
Dec 01Is Asetek (OB:ASTK) Using Too Much Debt?
Aug 23There's Been No Shortage Of Growth Recently For Asetek's (OB:ASTK) Returns On Capital
Feb 14The Trend Of High Returns At Asetek (OB:ASTK) Has Us Very Interested
Aug 23Asetek's (OB:ASTK) Earnings Are Weaker Than They Seem
Apr 28Asetek A/S (OB:ASTK) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Feb 16Do Institutions Own Asetek A/S (OB:ASTK) Shares?
Jan 25Introducing Asetek (OB:ASTK), The Stock That Soared 475% In The Last Five Years
Jan 05Should You Review Recent Insider Transactions At Asetek A/S (OB:ASTK)?
Dec 14Financial Position Analysis
Short Term Liabilities: ASTK's short term assets ($30.8M) do not cover its short term liabilities ($34.0M).
Long Term Liabilities: ASTK's short term assets ($30.8M) exceed its long term liabilities ($2.6M).
Debt to Equity History and Analysis
Debt Level: ASTK's net debt to equity ratio (12.2%) is considered satisfactory.
Reducing Debt: ASTK's debt to equity ratio has increased from 1.9% to 26% over the past 5 years.
Debt Coverage: ASTK's debt is well covered by operating cash flow (94.6%).
Interest Coverage: ASTK earns more interest than it pays, so coverage of interest payments is not a concern.