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
Recent updates
Financial 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).