AF Legal Group Balance Sheet Health
Financial Health criteria checks 6/6
AF Legal Group has a total shareholder equity of A$7.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$16.9M and A$9.0M respectively. AF Legal Group's EBIT is A$2.6M making its interest coverage ratio 12.2. It has cash and short-term investments of A$2.2M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | 12.2x |
Cash | AU$2.23m |
Equity | AU$7.92m |
Total liabilities | AU$8.97m |
Total assets | AU$16.89m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AFL's short term assets (A$7.3M) exceed its short term liabilities (A$4.8M).
Long Term Liabilities: AFL's short term assets (A$7.3M) exceed its long term liabilities (A$4.1M).
Debt to Equity History and Analysis
Debt Level: AFL is debt free.
Reducing Debt: AFL had no debt 5 years ago.
Debt Coverage: AFL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AFL has no debt, therefore coverage of interest payments is not a concern.