ASMPT Balance Sheet Health
Financial Health criteria checks 6/6
ASMPT has a total shareholder equity of HK$15.5B and total debt of HK$4.5B, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are HK$24.3B and HK$8.7B respectively. ASMPT's EBIT is HK$740.5M making its interest coverage ratio 3.7. It has cash and short-term investments of HK$5.4B.
Key information
29.0%
Debt to equity ratio
HK$4.51b
Debt
| Interest coverage ratio | 3.7x |
| Cash | HK$5.44b |
| Equity | HK$15.54b |
| Total liabilities | HK$8.74b |
| Total assets | HK$24.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASMV.Y's short term assets (HK$15.6B) exceed its short term liabilities (HK$4.3B).
Long Term Liabilities: ASMV.Y's short term assets (HK$15.6B) exceed its long term liabilities (HK$4.4B).
Debt to Equity History and Analysis
Debt Level: ASMV.Y has more cash than its total debt.
Reducing Debt: ASMV.Y's debt to equity ratio has reduced from 42.6% to 29% over the past 5 years.
Debt Coverage: ASMV.Y's debt is well covered by operating cash flow (53.7%).
Interest Coverage: ASMV.Y's interest payments on its debt are well covered by EBIT (3.7x coverage).