Austal Balance Sheet Health
Financial Health criteria checks 5/6
Austal has a total shareholder equity of A$934.8M and total debt of A$127.0M, which brings its debt-to-equity ratio to 13.6%. Its total assets and total liabilities are A$1.9B and A$967.7M respectively. Austal's EBIT is A$2.4M making its interest coverage ratio 0.2. It has cash and short-term investments of A$155.1M.
Key information
13.6%
Debt to equity ratio
AU$126.99m
Debt
Interest coverage ratio | 0.2x |
Cash | AU$155.12m |
Equity | AU$934.76m |
Total liabilities | AU$967.67m |
Total assets | AU$1.90b |
Recent financial health updates
These 4 Measures Indicate That Austal (ASX:ASB) Is Using Debt Reasonably Well
Sep 27Austal (ASX:ASB) Has A Rock Solid Balance Sheet
Mar 11Recent updates
What You Can Learn From Austal Limited's (ASX:ASB) P/S
Dec 28Austal (ASX:ASB) Has Announced That Its Dividend Will Be Reduced To A$0.03
Sep 06A Look At The Fair Value Of Austal Limited (ASX:ASB)
Aug 23Austal (ASX:ASB) Might Be Having Difficulty Using Its Capital Effectively
Jul 26Austal (ASX:ASB) Has Affirmed Its Dividend Of A$0.04
Feb 26Is Austal Limited (ASX:ASB) Worth AU$1.8 Based On Its Intrinsic Value?
Feb 09Austal (ASX:ASB) Is Paying Out A Dividend Of A$0.04
Aug 29There's Been No Shortage Of Growth Recently For Austal's (ASX:ASB) Returns On Capital
Jul 01Austal (ASX:ASB) Has Affirmed Its Dividend Of AU$0.04
Feb 28These 4 Measures Indicate That Austal (ASX:ASB) Is Using Debt Reasonably Well
Sep 27Austal's (ASX:ASB) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 26Here's Why I Think Austal (ASX:ASB) Might Deserve Your Attention Today
Aug 24We Like These Underlying Return On Capital Trends At Austal (ASX:ASB)
May 30Is There An Opportunity With Austal Limited's (ASX:ASB) 49% Undervaluation?
Apr 30How Does Austal Limited (ASX:ASB) Fare As A Dividend Stock?
Apr 18Does Austal (ASX:ASB) Deserve A Spot On Your Watchlist?
Mar 25Austal Limited (ASX:ASB) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Mar 12Austal (ASX:ASB) Has A Rock Solid Balance Sheet
Mar 11What You Need To Know About Austal Limited's (ASX:ASB) Investor Composition
Feb 27Did You Participate In Any Of Austal's (ASX:ASB) Fantastic 145% Return ?
Feb 11Is Austal Limited (ASX:ASB) Trading At A 35% Discount?
Jan 29How Does Austal Limited (ASX:ASB) Stand Up To These Simple Dividend Safety Checks?
Jan 17Does Austal (ASX:ASB) Have The Makings Of A Multi-Bagger?
Jan 04Here's Why We Think Austal (ASX:ASB) Is Well Worth Watching
Dec 22Is There More To The Story Than Austal's (ASX:ASB) Earnings Growth?
Dec 10What You Need To Know About Austal Limited's (ASX:ASB) Investor Composition
Nov 28Declining Stock and Solid Fundamentals: Is The Market Wrong About Austal Limited (ASX:ASB)?
Nov 17Is Austal Limited (ASX:ASB) A Smart Pick For Income Investors?
Sep 14There's A Lot To Like About Austal's (ASX:ASB) Upcoming AU$0.05 Dividend
Sep 03Is There More To The Story Than Austal's (ASX:ASB) Earnings Growth?
Aug 28Financial Position Analysis
Short Term Liabilities: ASB's short term assets (A$676.8M) exceed its short term liabilities (A$541.8M).
Long Term Liabilities: ASB's short term assets (A$676.8M) exceed its long term liabilities (A$425.8M).
Debt to Equity History and Analysis
Debt Level: ASB has more cash than its total debt.
Reducing Debt: ASB's debt to equity ratio has reduced from 29.8% to 13.6% over the past 5 years.
Debt Coverage: ASB's debt is well covered by operating cash flow (101.1%).
Interest Coverage: ASB's interest payments on its debt are not well covered by EBIT (0.2x coverage).