Asia Pacific Wire & Cable Balance Sheet Health
Financial Health criteria checks 4/6
Asia Pacific Wire & Cable has a total shareholder equity of $204.5M and total debt of $59.8M, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are $350.0M and $145.4M respectively. Asia Pacific Wire & Cable's EBIT is $6.3M making its interest coverage ratio 3.1. It has cash and short-term investments of $33.7M.
Key information
29.3%
Debt to equity ratio
US$59.84m
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$33.67m |
| Equity | US$204.53m |
| Total liabilities | US$145.43m |
| Total assets | US$349.96m |
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
Take Care Before Diving Into The Deep End On Asia Pacific Wire & Cable Corporation Limited (NASDAQ:APWC)
Aug 29Asia Pacific Wire & Cable (NASDAQ:APWC) Could Be At Risk Of Shrinking As A Company
Jul 03Asia 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 ($282.5M) exceed its short term liabilities ($127.9M).
Long Term Liabilities: APWC's short term assets ($282.5M) exceed its long term liabilities ($17.6M).
Debt to Equity History and Analysis
Debt Level: APWC's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: APWC's debt to equity ratio has increased from 9.7% to 29.3% 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 well covered by EBIT (3.1x coverage).