AP Memory Technology Balance Sheet Health
Financial Health criteria checks 6/6
AP Memory Technology has a total shareholder equity of NT$11.3B and total debt of NT$300.0M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are NT$12.5B and NT$1.2B respectively. AP Memory Technology's EBIT is NT$852.8M making its interest coverage ratio -2.3. It has cash and short-term investments of NT$8.9B.
Key information
2.6%
Debt to equity ratio
NT$300.00m
Debt
| Interest coverage ratio | -2.3x |
| Cash | NT$8.86b |
| Equity | NT$11.32b |
| Total liabilities | NT$1.19b |
| Total assets | NT$12.51b |
Recent financial health updates
Recent updates
AP Memory Technology's (TWSE:6531) Soft Earnings Don't Show The Whole Picture
Mar 27
AP Memory Technology's (TWSE:6531) Returns On Capital Not Reflecting Well On The Business
Feb 29Returns On Capital Signal Tricky Times Ahead For AP Memory Technology (TPE:6531)
Mar 31Does AP Memory Technology (TPE:6531) Have A Healthy Balance Sheet?
Mar 03AP Memory Technology Corporation's (TPE:6531) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Feb 03
We Think AP Memory Technology's (TPE:6531) Statutory Profit Might Understate Its Earnings Potential
Jan 11Shareholders Are Raving About How The AP Memory Technology (TPE:6531) Share Price Increased 376%
Dec 22What Do The Returns On Capital At AP Memory Technology (TPE:6531) Tell Us?
Nov 30Financial Position Analysis
Short Term Liabilities: 6531's short term assets (NT$10.4B) exceed its short term liabilities (NT$1.1B).
Long Term Liabilities: 6531's short term assets (NT$10.4B) exceed its long term liabilities (NT$103.5M).
Debt to Equity History and Analysis
Debt Level: 6531 has more cash than its total debt.
Reducing Debt: 6531's debt to equity ratio has reduced from 17.1% to 2.6% over the past 5 years.
Debt Coverage: 6531's debt is well covered by operating cash flow (681.1%).
Interest Coverage: 6531 earns more interest than it pays, so coverage of interest payments is not a concern.