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 ZAR1.6B making its interest coverage ratio 8.3. It has cash and short-term investments of ZAR381.4M.

Key information

28.3%

Debt to equity ratio

R1.56b

Debt

Interest coverage ratio	8.3x
Cash	R381.40m
Equity	R5.50b
Total liabilities	R3.97b
Total assets	R9.47b

Recent financial health updates

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

Dec 03

Recent updates

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

Mar 28

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

Jan 25

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

Dec 28

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

Dec 15

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

Dec 03

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

Nov 20

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 (21.4%) 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 (8.3x coverage).

ADvTECH Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

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

Recent updates

Insider recently sold R1.6m worth of stock

Upcoming dividend of R0.57 per share

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

Final dividend increased to R0.57

Full year 2023 earnings released: EPS: R1.74 (vs R1.49 in FY 2022)

ADvTECH Limited, Annual General Meeting, Jun 05, 2024

New minor risk - Financial data availability

ADvTECH Limited Appoints GD Whyte to Transformation, Social & Ethics Committee and the Investment Committee

ADvTECH Limited Announces CEO Changes

Insider recently sold R2.4m worth of stock

Insider recently sold R2.6m worth of stock

Group CEO & Executive Director exercised options to buy R12m worth of stock.

ADvTECH Limited Provides Earnings Guidance for the Six Months Ended 30 June 2023

Insider recently sold R205k worth of stock

Upcoming dividend of R0.30 per share at 3.2% yield

Advtech Limited Announces Board Changes

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

First half 2023 earnings released: EPS: R0.84 (vs R0.68 in 1H 2022)

ADvTECH Limited Declares an Interim Dividend in Respect of the Six Months Ended 30 June 2023, Payable on 18 September 2023

ADvTECH Limited to Report First Half, 2023 Results on Aug 28, 2023

Upcoming dividend of R0.37 per share at 3.3% yield

Full year 2022 earnings released: EPS: R1.49 (vs R1.23 in FY 2021)

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

Now 20% undervalued after recent price drop

Now 21% undervalued

Insider recently sold R1.5m worth of stock

High number of new directors

Insider exercised options and sold R63k worth of stock

Insider recently sold R901k worth of stock

Group Commercial Director recently sold R1.7m worth of stock

ADvTECH Limited Appoints Alexandra Watson as an Independent Non-Executive Director, Effective on November 1, 2022

Upcoming dividend of R0.23 per share

ADvTECH Limited to Report First Half, 2022 Results on Aug 29, 2022

Upcoming dividend of R0.31 per share

Now 20% undervalued

Now 21% undervalued after recent price drop

Now 25% undervalued after recent price drop

Group CEO & Executive Director exercised options to buy R821k worth of stock.

Group Academic Director recently sold R243k worth of stock

High number of new directors

Investor sentiment improved over the past week

Group Academic Director recently sold R120k worth of stock

Investor sentiment improved over the past week

First half 2021 earnings released: EPS R0.57 (vs R0.34 in 1H 2020)

Independent Non-Executive Director Jens Zimmermann has left the company

Independent Non-Executive Director Jane Hofmeyr has left the company

Upcoming dividend of R0.20 per share

Full year 2020 earnings released

Group Academic Director recently sold R91k worth of stock

ADvTECH Limited Announces Mr. Jens Zimmermann Not Stand for Re-Election as Director

ADvTECH Limited Appoints Clive Bradney Thomson as Independent Non-Executive Director

ADvTECH Limited Announces Dr. Jane Hofmeyr Do Not Stand for Re-Election At Agm

Value Capital Partners acquired an unknown stake in ADvTECH Limited.

New 90-day high: R11.46

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

New 90-day high: R10.03

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

New 90-day high: R9.83

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

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

Advtech Limited Announces Executive Changes

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

New 90-day high: R9.50

Insider recently sold R1.4m worth of stock

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

Insider recently sold R233k worth of stock

New 90-day high: R9.45

ADvTECH Limited Announces the Resignation of Nwabisa Piki as Company Secretary, Effective 31 December 2020

New 90-day high - R9.04

First half earnings released

New 90-day high - R8.16

ADvTECH Limited Suspends Dividend for the Six Months Ended June 30, 2020

Financial Position Analysis

Debt to Equity History and Analysis