ADvTECH Balance Sheet Health

Financial Health criteria checks 4/6

ADvTECH has a total shareholder equity of ZAR5.5B and total debt of ZAR1.6B, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are ZAR9.5B and ZAR4.0B respectively. ADvTECH's EBIT is ZAR1.5B making its interest coverage ratio 8.1. It has cash and short-term investments of ZAR413.8M.

Key information

28.3%

Debt to equity ratio

R1.56b

Debt

Interest coverage ratio8.1x
CashR413.80m
EquityR5.50b
Total liabilitiesR3.97b
Total assetsR9.47b

Recent financial health updates

Recent updates

ADvTECH (JSE:ADH) Has Announced That It Will Be Increasing Its Dividend To ZAR0.57

Mar 28
ADvTECH (JSE:ADH) Has Announced That It Will Be Increasing Its Dividend To ZAR0.57

ADvTECH (JSE:ADH) Will Pay A Larger Dividend Than Last Year At ZAR0.30

Aug 31
ADvTECH (JSE:ADH) Will Pay A Larger Dividend Than Last Year At ZAR0.30

ADvTECH (JSE:ADH) Will Pay A Larger Dividend Than Last Year At ZAR0.37

Mar 30
ADvTECH (JSE:ADH) Will Pay A Larger Dividend Than Last Year At ZAR0.37

Have Insiders Been Selling ADvTECH Limited (JSE:ADH) Shares?

Feb 11
Have Insiders Been Selling ADvTECH Limited (JSE:ADH) Shares?

Do Its Financials Have Any Role To Play In Driving ADvTECH Limited's (JSE:ADH) Stock Up Recently?

Jan 25
Do Its Financials Have Any Role To Play In Driving ADvTECH Limited's (JSE:ADH) Stock Up Recently?

Should You Be Impressed By ADvTECH's (JSE:ADH) Returns on Capital?

Dec 28
Should You Be Impressed By ADvTECH's (JSE:ADH) Returns on Capital?

A Look At ADvTECH's (JSE:ADH) Share Price Returns

Dec 15
A Look At ADvTECH's (JSE:ADH) Share Price Returns

Is ADvTECH (JSE:ADH) Using Too Much Debt?

Dec 03
Is ADvTECH (JSE:ADH) Using Too Much Debt?

What Type Of Shareholders Make Up ADvTECH Limited's (JSE:ADH) Share Registry?

Nov 20
What Type Of Shareholders Make Up ADvTECH Limited's (JSE:ADH) Share Registry?

Financial Position Analysis

Short Term Liabilities: ADH's short term assets (ZAR930.4M) do not cover its short term liabilities (ZAR2.3B).

Long Term Liabilities: ADH's short term assets (ZAR930.4M) do not cover its long term liabilities (ZAR1.7B).


Debt to Equity History and Analysis

Debt Level: ADH's net debt to equity ratio (20.8%) is considered satisfactory.

Reducing Debt: ADH's debt to equity ratio has reduced from 68.6% to 28.3% over the past 5 years.

Debt Coverage: ADH's debt is well covered by operating cash flow (88.5%).

Interest Coverage: ADH's interest payments on its debt are well covered by EBIT (8.1x coverage).


Balance Sheet


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