Alfabs Australia Balance Sheet Health
Financial Health criteria checks 5/6
Alfabs Australia has a total shareholder equity of A$56.7M and total debt of A$19.4M, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are A$115.8M and A$59.0M respectively. Alfabs Australia's EBIT is A$11.6M making its interest coverage ratio 9.9. It has cash and short-term investments of A$23.6M.
Key information
34.1%
Debt to equity ratio
AU$19.38m
Debt
| Interest coverage ratio | 9.9x |
| Cash | AU$23.60m |
| Equity | AU$56.74m |
| Total liabilities | AU$59.04m |
| Total assets | AU$115.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAL's short term assets (A$43.8M) exceed its short term liabilities (A$42.0M).
Long Term Liabilities: AAL's short term assets (A$43.8M) exceed its long term liabilities (A$17.0M).
Debt to Equity History and Analysis
Debt Level: AAL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if AAL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AAL's debt is well covered by operating cash flow (89.5%).
Interest Coverage: AAL's interest payments on its debt are well covered by EBIT (9.9x coverage).