Able View Global Balance Sheet Health
Financial Health criteria checks 5/6
Able View Global has a total shareholder equity of $11.4M and total debt of $14.1M, which brings its debt-to-equity ratio to 123.5%. Its total assets and total liabilities are $54.9M and $43.5M respectively. Able View Global's EBIT is $13.3M making its interest coverage ratio 15.8. It has cash and short-term investments of $13.3M.
Key information
123.5%
Debt to equity ratio
US$14.09m
Debt
| Interest coverage ratio | 15.8x |
| Cash | US$13.33m |
| Equity | US$11.42m |
| Total liabilities | US$43.49m |
| Total assets | US$54.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABLV's short term assets ($48.5M) exceed its short term liabilities ($15.7M).
Long Term Liabilities: ABLV's short term assets ($48.5M) exceed its long term liabilities ($27.8M).
Debt to Equity History and Analysis
Debt Level: ABLV's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ABLV's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ABLV's debt is well covered by operating cash flow (167.3%).
Interest Coverage: ABLV's interest payments on its debt are well covered by EBIT (15.8x coverage).