AJ Lucas Group Balance Sheet Health
Financial Health criteria checks 0/6
AJ Lucas Group has a total shareholder equity of A$-59.4M and total debt of A$121.3M, which brings its debt-to-equity ratio to -204.1%. Its total assets and total liabilities are A$107.4M and A$166.8M respectively. AJ Lucas Group's EBIT is A$12.1M making its interest coverage ratio 0.6. It has cash and short-term investments of A$16.4M.
Key information
-204.1%
Debt to equity ratio
AU$121.31m
Debt
| Interest coverage ratio | 0.6x |
| Cash | AU$16.42m |
| Equity | -AU$59.44m |
| Total liabilities | AU$166.82m |
| Total assets | AU$107.38m |
Recent financial health updates
AJ Lucas Group (ASX:AJL) Use Of Debt Could Be Considered Risky
Apr 03
AJ Lucas Group (ASX:AJL) Seems To Be Using A Lot Of Debt
Nov 30Auditors Have Doubts About AJ Lucas Group (ASX:AJL)
Aug 30These 4 Measures Indicate That AJ Lucas Group (ASX:AJL) Is Using Debt Extensively
Jun 20Does AJ Lucas Group (ASX:AJL) Have A Healthy Balance Sheet?
Mar 02Recent updates
Why We Like The Returns At AJ Lucas Group (ASX:AJL)
Apr 05AJ Lucas Group Limited's (ASX:AJL) Price Is Out Of Tune With Revenues
Dec 21Returns on Capital Paint A Bright Future For AJ Lucas Group (ASX:AJL)
Oct 24Investor Optimism Abounds AJ Lucas Group Limited (ASX:AJL) But Growth Is Lacking
Aug 11A Look At The Intrinsic Value Of AJ Lucas Group Limited (ASX:AJL)
Jun 20It's Probably Less Likely That AJ Lucas Group Limited's (ASX:AJL) CEO Will See A Huge Pay Rise This Year
Nov 03Investors Will Want AJ Lucas Group's (ASX:AJL) Growth In ROCE To Persist
Jun 19AJ Lucas Group (ASX:AJL) Use Of Debt Could Be Considered Risky
Apr 03AJ Lucas Group (ASX:AJL) Shareholders Will Want The ROCE Trajectory To Continue
Feb 27AJ Lucas Group (ASX:AJL) Seems To Be Using A Lot Of Debt
Nov 30Auditors Have Doubts About AJ Lucas Group (ASX:AJL)
Aug 30AJ Lucas Group (ASX:AJL) Shareholders Will Want The ROCE Trajectory To Continue
Aug 30These 4 Measures Indicate That AJ Lucas Group (ASX:AJL) Is Using Debt Extensively
Jun 20AJ Lucas Group's (ASX:AJL) Returns On Capital Are Heading Higher
Apr 28We Think AJ Lucas Group's (ASX:AJL) Healthy Earnings Might Be Conservative
Mar 07Does AJ Lucas Group (ASX:AJL) Have A Healthy Balance Sheet?
Mar 02Will The ROCE Trend At AJ Lucas Group (ASX:AJL) Continue?
Nov 28Financial Position Analysis
Short Term Liabilities: AJL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AJL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AJL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AJL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AJL's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: AJL's interest payments on its debt are not well covered by EBIT (0.6x coverage).