ADDvantage Technologies Group Balance Sheet Health
Financial Health criteria checks 3/6
ADDvantage Technologies Group has a total shareholder equity of $4.8M and total debt of $2.2M, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are $18.5M and $13.7M respectively.
Key information
46.4%
Debt to equity ratio
US$2.22m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.63m |
| Equity | US$4.79m |
| Total liabilities | US$13.75m |
| Total assets | US$18.54m |
Recent financial health updates
Is ADDvantage Technologies Group (NASDAQ:AEY) A Risky Investment?
Mar 08
Would ADDvantage Technologies Group (NASDAQ:AEY) Be Better Off With Less Debt?
May 13Does ADDvantage Technologies Group (NASDAQ:AEY) Have A Healthy Balance Sheet?
Dec 24Recent updates
Positive Sentiment Still Eludes ADDvantage Technologies Group, Inc. (NASDAQ:AEY) Following 30% Share Price Slump
Nov 16Is ADDvantage Technologies Group (NASDAQ:AEY) A Risky Investment?
Mar 08Shareholders Will Most Likely Find ADDvantage Technologies Group, Inc.'s (NASDAQ:AEY) CEO Compensation Acceptable
Sep 09Blackberry and Luminar Technologies among tech gainers; Agora and ADDvantage Technologies among losers
Jun 02Would ADDvantage Technologies Group (NASDAQ:AEY) Be Better Off With Less Debt?
May 13How Is ADDvantage Technologies Group's (NASDAQ:AEY) CEO Paid Relative To Peers?
Jan 28
Does ADDvantage Technologies Group (NASDAQ:AEY) Have A Healthy Balance Sheet?
Dec 24ADDvantage Technologies reports Q4 results
Dec 16Financial Position Analysis
Short Term Liabilities: AEY's short term assets ($14.3M) exceed its short term liabilities ($12.8M).
Long Term Liabilities: AEY's short term assets ($14.3M) exceed its long term liabilities ($939.0K).
Debt to Equity History and Analysis
Debt Level: AEY's net debt to equity ratio (12.3%) is considered satisfactory.
Reducing Debt: AEY's debt to equity ratio has increased from 5.8% to 46.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AEY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AEY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.3% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/01/31 03:22 |
| End of Day Share Price | 2024/01/31 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ADDvantage Technologies Group, Inc. is covered by 1 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| D. Cohen | Cohen Grassroots Research |