GWA Group Balance Sheet Health
Financial Health criteria checks 4/6
GWA Group has a total shareholder equity of A$306.9M and total debt of A$138.6M, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are A$668.0M and A$361.1M respectively. GWA Group's EBIT is A$73.0M making its interest coverage ratio 9.4. It has cash and short-term investments of A$43.2M.
Key information
45.2%
Debt to equity ratio
AU$138.59m
Debt
Interest coverage ratio | 9.4x |
Cash | AU$43.16m |
Equity | AU$306.87m |
Total liabilities | AU$361.14m |
Total assets | AU$668.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GWA's short term assets (A$193.2M) exceed its short term liabilities (A$120.2M).
Long Term Liabilities: GWA's short term assets (A$193.2M) do not cover its long term liabilities (A$240.9M).
Debt to Equity History and Analysis
Debt Level: GWA's net debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: GWA's debt to equity ratio has increased from 6.5% to 45.2% over the past 5 years.
Debt Coverage: GWA's debt is well covered by operating cash flow (64.2%).
Interest Coverage: GWA's interest payments on its debt are well covered by EBIT (9.4x coverage).