Asia Pacific Wire & Cable Corp LTD key statistics and ratios

In fiscal 2025, Asia Pacific Wire & Cable Corp LTD had return on equity of 2.3%, an operating margin of 1.3%, debt equal to 24.9% of equity and a current ratio of 2.34. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Asia Pacific Wire & Cable Corp LTD: financial ratios, annual
Fiscal year	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Gross margin	6.0%	8.2%	9.3%	8.5%	7.3%	10.8%	4.4%	7.5%	7.1%	7.4%	7.0%
Operating margin	−0.7%	1.9%	3.9%	2.0%	−0.2%	2.4%	−1.0%	1.9%	0.4%	2.1%	1.3%
Net margin	−2.0%	0.7%	2.1%	0.7%	−0.5%	−0.2%	−0.6%	0.9%	0.9%	0.7%	0.7%
Free-cash-flow margin	0.4%	1.0%	−5.0%	8.5%	2.9%	0.6%	−10.5%	0.6%	−2.4%	4.2%	−2.3%
Return on equity	−4.0%	1.7%	6.0%	1.9%	−1.1%	−0.4%	−1.7%	2.6%	2.5%	2.2%	2.3%
Return on assets	—	1.0%	2.8%	0.9%	−0.5%	−0.2%	−0.7%	1.0%	1.0%	1.0%	1.0%
Asset turnover	—	1.31	1.35	1.33	1.12	0.98	1.31	1.14	1.15	1.34	1.36
Current ratio	—	2.79	2.79	3.54	4.46	3.16	1.92	2.24	2.10	2.51	2.34
Debt to equity	0.0%	20.8%	26.8%	16.5%	7.4%	8.7%	44.3%	38.1%	34.2%	18.7%	24.9%
Interest cover (operating income ÷ interest)	n/m	7.6x	17.2x	7.2x	n/m	12.3x	n/m	5.4x	0.6x	4.6x	3.6x
Effective tax rate	—	7.8%	27.5%	34.3%	—	52.0%	—	37.1%	34.9%	30.0%	22.4%
Capital spending as % of revenue	1.9%	1.3%	1.2%	1.0%	1.6%	4.6%	1.8%	0.9%	1.0%	0.9%	0.7%
Free cash flow ÷ net income	—	139.2%	−244.6%	>999%	—	—	—	72.8%	−267.5%	576.1%	−302.2%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

3 of 7 checks passed · December 31, 2025

What it owns · $382m

Short-term assets $309mLonger-term assets $73m

What it owes, and who funded it · $315m

Short-term liabilities $132mLonger-term liabilities $13mShareholders' equity $170m

Short-term assets cover short-term liabilities $309m of assets due within a year against $132m of liabilities due within a year.
Short-term assets cover long-term liabilities $309m short-term assets against $13m of longer-dated liabilities.
More cash than debt $33m of cash against $42m of debt.
Debt below 40% of shareholders' equity Debt is 25% of equity.
Debt burden no higher than five years ago Debt to equity moved from 2% to 25% over five years.
A year's operating cash flow covers at least 20% of debt −$8m of operating cash flow against $42m of debt.
Operating profit covers interest at least five times over Operating income of $6m against $2m of interest.

From Asia Pacific Wire & Cable Corp LTD's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

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Figures from Asia Pacific Wire & Cable Corp LTD's SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Asia Pacific Wire & Cable Corp LTD.