Babylon Pump & Power Balance Sheet Health
Financial Health criteria checks 3/6
Babylon Pump & Power has a total shareholder equity of A$11.1M and total debt of A$10.3M, which brings its debt-to-equity ratio to 93.3%. Its total assets and total liabilities are A$33.4M and A$22.3M respectively. Babylon Pump & Power's EBIT is A$2.2M making its interest coverage ratio 1.8. It has cash and short-term investments of A$366.8K.
Key information
93.3%
Debt to equity ratio
AU$10.34m
Debt
Interest coverage ratio | 1.8x |
Cash | AU$366.78k |
Equity | AU$11.09m |
Total liabilities | AU$22.33m |
Total assets | AU$33.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BPP's short term assets (A$11.5M) do not cover its short term liabilities (A$16.5M).
Long Term Liabilities: BPP's short term assets (A$11.5M) exceed its long term liabilities (A$5.8M).
Debt to Equity History and Analysis
Debt Level: BPP's net debt to equity ratio (89.9%) is considered high.
Reducing Debt: BPP's debt to equity ratio has reduced from 314% to 93.3% over the past 5 years.
Debt Coverage: BPP's debt is well covered by operating cash flow (73%).
Interest Coverage: BPP's interest payments on its debt are not well covered by EBIT (1.8x coverage).