Advanced Oxygen Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Advanced Oxygen Technologies has a total shareholder equity of $368.2K and total debt of $127.0K, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are $693.9K and $325.7K respectively. Advanced Oxygen Technologies's EBIT is $13.0K making its interest coverage ratio -34.9. It has cash and short-term investments of $88.0K.
Key information
34.5%
Debt to equity ratio
US$127.03k
Debt
| Interest coverage ratio | -34.9x |
| Cash | US$87.96k |
| Equity | US$368.21k |
| Total liabilities | US$325.69k |
| Total assets | US$693.90k |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: AOXY's short term assets ($89.2K) do not cover its short term liabilities ($325.7K).
Long Term Liabilities: AOXY has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AOXY's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: AOXY's debt to equity ratio has reduced from 72.4% to 34.5% over the past 5 years.
Debt Coverage: AOXY's debt is well covered by operating cash flow (35.9%).
Interest Coverage: AOXY earns more interest than it pays, so coverage of interest payments is not a concern.