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 ratio | 8.1x |
| Cash | R413.80m |
| Equity | R5.50b |
| Total liabilities | R3.97b |
| Total assets | R9.47b |
Recent financial health updates
Recent updates
With ADvTECH Limited (JSE:ADH) It Looks Like You'll Get What You Pay For
Jul 05
ADvTECH (JSE:ADH) Has Announced That It Will Be Increasing Its Dividend To ZAR0.57
Mar 28ADvTECH (JSE:ADH) Will Pay A Larger Dividend Than Last Year At ZAR0.30
Aug 31ADvTECH (JSE:ADH) Will Pay A Larger Dividend Than Last Year At ZAR0.37
Mar 30Have Insiders Been Selling ADvTECH Limited (JSE:ADH) Shares?
Feb 11Do Its Financials Have Any Role To Play In Driving ADvTECH Limited's (JSE:ADH) Stock Up Recently?
Jan 25Should You Be Impressed By ADvTECH's (JSE:ADH) Returns on Capital?
Dec 28A Look At ADvTECH's (JSE:ADH) Share Price Returns
Dec 15
Is ADvTECH (JSE:ADH) Using Too Much Debt?
Dec 03What Type Of Shareholders Make Up ADvTECH Limited's (JSE:ADH) Share Registry?
Nov 20Financial 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).