BATM Advanced Communications Balance Sheet Health
Financial Health criteria checks 4/6
BATM Advanced Communications has a total shareholder equity of $116.7M and total debt of $5.0M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are $169.5M and $52.8M respectively. BATM Advanced Communications's EBIT is $1.6M making its interest coverage ratio 1.4. It has cash and short-term investments of $32.6M.
Key information
4.3%
Debt to equity ratio
US$5.04m
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$32.59m |
| Equity | US$116.69m |
| Total liabilities | US$52.85m |
| Total assets | US$169.54m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BVCL.F's short term assets ($104.9M) exceed its short term liabilities ($43.2M).
Long Term Liabilities: BVCL.F's short term assets ($104.9M) exceed its long term liabilities ($9.6M).
Debt to Equity History and Analysis
Debt Level: BVCL.F has more cash than its total debt.
Reducing Debt: BVCL.F's debt to equity ratio has reduced from 7.7% to 4.3% over the past 5 years.
Debt Coverage: BVCL.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BVCL.F's interest payments on its debt are not well covered by EBIT (1.4x coverage).