Advanced Oxygen Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Advanced Oxygen Technologies has a total shareholder equity of $360.5K and total debt of $127.0K, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are $708.7K and $348.2K respectively. Advanced Oxygen Technologies's EBIT is $12.0K making its interest coverage ratio 11982. It has cash and short-term investments of $108.0K.
Key information
35.2%
Debt to equity ratio
US$127.03k
Debt
| Interest coverage ratio | 11982x |
| Cash | US$108.02k |
| Equity | US$360.50k |
| Total liabilities | US$348.16k |
| Total assets | US$708.66k |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: AOXY's short term assets ($109.2K) do not cover its short term liabilities ($348.2K).
Long Term Liabilities: AOXY has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AOXY's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: AOXY's debt to equity ratio has reduced from 71.5% to 35.2% over the past 5 years.
Debt Coverage: AOXY's debt is well covered by operating cash flow (31.4%).
Interest Coverage: AOXY's interest payments on its debt are well covered by EBIT (11982x coverage).