Coventry Group Balance Sheet Health
Financial Health criteria checks 4/6
Coventry Group has a total shareholder equity of A$143.1M and total debt of A$55.1M, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are A$349.4M and A$206.3M respectively. Coventry Group's EBIT is A$12.6M making its interest coverage ratio 1.5. It has cash and short-term investments of A$7.7M.
Key information
38.5%
Debt to equity ratio
AU$55.08m
Debt
| Interest coverage ratio | 1.5x |
| Cash | AU$7.73m |
| Equity | AU$143.07m |
| Total liabilities | AU$206.31m |
| Total assets | AU$349.38m |
Recent financial health updates
Coventry Group (ASX:CYG) Has A Pretty Healthy Balance Sheet
Sep 20
Is Coventry Group (ASX:CYG) A Risky Investment?
Mar 15These 4 Measures Indicate That Coventry Group (ASX:CYG) Is Using Debt Extensively
Nov 30
Recent updates
Coventry Group (ASX:CYG) Is Looking To Continue Growing Its Returns On Capital
Sep 10Take Care Before Diving Into The Deep End On Coventry Group Ltd (ASX:CYG)
Aug 08It's A Story Of Risk Vs Reward With Coventry Group Ltd (ASX:CYG)
Apr 19It's Unlikely That Coventry Group Ltd's (ASX:CYG) CEO Will See A Huge Pay Rise This Year
Oct 14Coventry Group (ASX:CYG) Has Affirmed Its Dividend Of A$0.035
Aug 29What Is Coventry Group Ltd's (ASX:CYG) Share Price Doing?
Aug 17Market Participants Recognise Coventry Group Ltd's (ASX:CYG) Earnings
Nov 03Coventry Group (ASX:CYG) Has A Pretty Healthy Balance Sheet
Sep 20Coventry Group (ASX:CYG) Has Announced That It Will Be Increasing Its Dividend To A$0.035
Aug 29Shareholders Would Not Be Objecting To Coventry Group Ltd's (ASX:CYG) CEO Compensation And Here's Why
Oct 15Is Coventry Group (ASX:CYG) A Risky Investment?
Mar 15Do Fundamentals Have Any Role To Play In Driving Coventry Group Ltd's (ASX:CYG) Stock Up Recently?
Feb 08How Much Did Coventry Group's(ASX:CYG) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 04These 4 Measures Indicate That Coventry Group (ASX:CYG) Is Using Debt Extensively
Nov 30Financial Position Analysis
Short Term Liabilities: CYG's short term assets (A$157.0M) exceed its short term liabilities (A$120.7M).
Long Term Liabilities: CYG's short term assets (A$157.0M) exceed its long term liabilities (A$85.7M).
Debt to Equity History and Analysis
Debt Level: CYG's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: CYG's debt to equity ratio has increased from 9.3% to 38.5% over the past 5 years.
Debt Coverage: CYG's debt is well covered by operating cash flow (33.7%).
Interest Coverage: CYG's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 06:27 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Coventry Group Ltd is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sam Brandwood | Bell Potter |
| George Batsakis | Goldman Sachs |
| David McFadyen | Shaw and Partners Limited |