Asia Pacific Wire & Cable Balance Sheet Health
Financial Health criteria checks 3/6
Asia Pacific Wire & Cable has a total shareholder equity of $214.6M and total debt of $53.7M, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are $366.7M and $152.0M respectively. Asia Pacific Wire & Cable's EBIT is $1.5M making its interest coverage ratio 0.6. It has cash and short-term investments of $38.3M.
Key information
25.0%
Debt to equity ratio
US$53.74m
Debt
| Interest coverage ratio | 0.6x |
| Cash | US$38.28m |
| Equity | US$214.62m |
| Total liabilities | US$152.04m |
| Total assets | US$366.66m |
Recent financial health updates
Is Asia Pacific Wire & Cable (NASDAQ:APWC) Using Too Much Debt?
Sep 27
Asia Pacific Wire & Cable (NASDAQ:APWC) Is Making Moderate Use Of Debt
Dec 30We Think Asia Pacific Wire & Cable (NASDAQ:APWC) Has A Fair Chunk Of Debt
Sep 27Recent updates
Asia Pacific Wire & Cable (NASDAQ:APWC) Could Be Struggling To Allocate Capital
Nov 22Is Asia Pacific Wire & Cable (NASDAQ:APWC) Using Too Much Debt?
Sep 27Asia Pacific Wire & Cable's (NASDAQ:APWC) Returns On Capital Not Reflecting Well On The Business
Jun 27Asia Pacific Wire & Cable's (NASDAQ:APWC) Shareholders May Want To Dig Deeper Than Statutory Profit
May 03Asia Pacific Wire & Cable (NASDAQ:APWC) Is Making Moderate Use Of Debt
Dec 30We Think Asia Pacific Wire & Cable (NASDAQ:APWC) Has A Fair Chunk Of Debt
Sep 27Asia Pacific Wire & Cable reports FY results
Apr 30Asia Pacific Wire $ Cable reports 9M results
Jan 04Financial Position Analysis
Short Term Liabilities: APWC's short term assets ($295.0M) exceed its short term liabilities ($140.6M).
Long Term Liabilities: APWC's short term assets ($295.0M) exceed its long term liabilities ($11.5M).
Debt to Equity History and Analysis
Debt Level: APWC's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: APWC's debt to equity ratio has increased from 11.6% to 25% over the past 5 years.
Debt Coverage: APWC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: APWC's interest payments on its debt are not well covered by EBIT (0.6x coverage).