AP Memory Technology Balance Sheet Health
Financial Health criteria checks 6/6
AP Memory Technology has a total shareholder equity of NT$10.6B and total debt of NT$100.0M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are NT$12.8B and NT$2.2B respectively. AP Memory Technology's EBIT is NT$856.0M making its interest coverage ratio -2.2. It has cash and short-term investments of NT$9.3B.
Key information
0.9%
Debt to equity ratio
NT$100.00m
Debt
Interest coverage ratio | -2.2x |
Cash | NT$9.34b |
Equity | NT$10.63b |
Total liabilities | NT$2.18b |
Total assets | NT$12.81b |
Recent financial health updates
Here's Why AP Memory Technology (TWSE:6531) Can Manage Its Debt Responsibly
Jul 12Does AP Memory Technology (TPE:6531) Have A Healthy Balance Sheet?
Mar 03Recent updates
Here's Why AP Memory Technology (TWSE:6531) Can Manage Its Debt Responsibly
Jul 12AP Memory Technology's (TWSE:6531) Dividend Will Be Increased To NT$7.00
May 29AP Memory Technology Corporation's (TWSE:6531) Price Is Out Of Tune With Earnings
May 09AP Memory Technology's (TWSE:6531) Soft Earnings Don't Show The Whole Picture
Mar 27AP 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 03We 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$10.8B) exceed its short term liabilities (NT$2.1B).
Long Term Liabilities: 6531's short term assets (NT$10.8B) exceed its long term liabilities (NT$97.3M).
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 17.5% to 0.9% over the past 5 years.
Debt Coverage: 6531's debt is well covered by operating cash flow (2373.2%).
Interest Coverage: 6531 earns more interest than it pays, so coverage of interest payments is not a concern.