Austin Engineering Financial Health

Short Term Liabilities: ANG's short term assets (A$131.2M) exceed its short term liabilities (A$94.8M).

Long Term Liabilities: ANG's short term assets (A$131.2M) exceed its long term liabilities (A$12.0M).

Debt Level: ANG's net debt to equity ratio (1.1%) is considered satisfactory.

Reducing Debt: ANG's debt to equity ratio has reduced from 44.1% to 20.5% over the past 5 years.

Debt Coverage: ANG's debt is well covered by operating cash flow (21.5%).

Interest Coverage: ANG's interest payments on its debt are well covered by EBIT (20.7x coverage).

• Healthy companies in the Capital Goods industry.