Southern Cross Electrical Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Southern Cross Electrical Engineering has a total shareholder equity of A$181.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$306.2M and A$124.4M respectively. Southern Cross Electrical Engineering's EBIT is A$28.0M making its interest coverage ratio -18.4. It has cash and short-term investments of A$65.0M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -18.4x |
Cash | AU$64.98m |
Equity | AU$181.74m |
Total liabilities | AU$124.42m |
Total assets | AU$306.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SXE's short term assets (A$177.7M) exceed its short term liabilities (A$115.5M).
Long Term Liabilities: SXE's short term assets (A$177.7M) exceed its long term liabilities (A$8.9M).
Debt to Equity History and Analysis
Debt Level: SXE is debt free.
Reducing Debt: SXE had no debt 5 years ago.
Debt Coverage: SXE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SXE has no debt, therefore coverage of interest payments is not a concern.