Applied Materials has a total shareholder equity of $18.8B and total debt of $6.3B, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are $33.6B and $14.8B respectively. Applied Materials's EBIT is $7.8B making its interest coverage ratio 86.6. It has cash and short-term investments of $9.1B.
Key information
33.2%
Debt to equity ratio
US$6.26b
Debt
Interest coverage ratio
86.6x
Cash
US$9.10b
Equity
US$18.84b
Total liabilities
US$14.81b
Total assets
US$33.65b
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMAT's short term assets ($20.7B) exceed its short term liabilities ($7.2B).
Long Term Liabilities: AMAT's short term assets ($20.7B) exceed its long term liabilities ($7.6B).
Debt to Equity History and Analysis
Debt Level: AMAT has more cash than its total debt.
Reducing Debt: AMAT's debt to equity ratio has reduced from 65.5% to 33.2% over the past 5 years.
Debt Coverage: AMAT's debt is well covered by operating cash flow (122.4%).
Interest Coverage: AMAT's interest payments on its debt are well covered by EBIT (86.6x coverage).