Development of Financial Indicators
AT&S strives for a net debt/EBITDA ratio of less than 3.0 multiples, while the minimum target for the equity ratio has been set at 30%. Both indicators may temporarily range above or below the planned limits, especially in years of major investments.
The following shows a timeline for the indicators “leverage” and “equity ratio”, calculated on the basis of the consolidated financial statements, which were prepared in accordance with IFRS (International Financial Reporting Standards)
|Financial indicators||FY 2017/18||FY 2018/19||FY 2019/20||FY 2020/21||FY 2021/22|
|Leverage = net debt / EBITDA|
Equity ratio = equity / total assets