ADvTECH Balance Sheet Health
Financial Health criteria checks 4/6
ADvTECH has a total shareholder equity of ZAR6.7B and total debt of ZAR1.6B, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are ZAR11.3B and ZAR4.6B respectively. ADvTECH's EBIT is ZAR2.0B making its interest coverage ratio 10.3. It has cash and short-term investments of ZAR395.2M.
Key information
23.11%
Debt to equity ratio
R1.55b
Debt
| Interest coverage ratio | 10.3x |
| Cash | R395.20m |
| Equity | R6.73b |
| Total liabilities | R4.57b |
| Total assets | R11.30b |
Financial Position Analysis
Short Term Liabilities: ADH's short term assets (ZAR951.2M) do not cover its short term liabilities (ZAR3.1B).
Long Term Liabilities: ADH's short term assets (ZAR951.2M) do not cover its long term liabilities (ZAR1.4B).
Debt to Equity History and Analysis
Debt Level: ADH's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: ADH's debt to equity ratio has reduced from 57.9% to 23.1% over the past 5 years.
Debt Coverage: ADH's debt is well covered by operating cash flow (131.7%).
Interest Coverage: ADH's interest payments on its debt are well covered by EBIT (10.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/07 06:38 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
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 Github.
Analyst Sources
ADvTECH Limited is covered by 1 analysts. 1 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 |
|---|---|
| Brian Pyle | Avior Capital Markets |