AF Legal Group Balance Sheet Health

Financial Health criteria checks 4/6

AF Legal Group has a total shareholder equity of A$10.0M and total debt of A$3.6M, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are A$23.7M and A$13.7M respectively. AF Legal Group's EBIT is A$2.0M making its interest coverage ratio 7.6. It has cash and short-term investments of A$2.3M.

Key information

36.0%

Debt to equity ratio

AU$3.59m

Debt

Interest coverage ratio7.6x
CashAU$2.32m
EquityAU$9.97m
Total liabilitiesAU$13.74m
Total assetsAU$23.71m

Recent financial health updates

No updates

Recent updates

A Look At The Intrinsic Value Of AF Legal Group Limited (ASX:AFL)

Sep 01
A Look At The Intrinsic Value Of AF Legal Group Limited (ASX:AFL)

Can Mixed Fundamentals Have A Negative Impact on AF Legal Group Limited (ASX:AFL) Current Share Price Momentum?

Jan 03
Can Mixed Fundamentals Have A Negative Impact on AF Legal Group Limited (ASX:AFL) Current Share Price Momentum?

Financial Position Analysis

Short Term Liabilities: AFL's short term assets (A$12.9M) exceed its short term liabilities (A$4.9M).

Long Term Liabilities: AFL's short term assets (A$12.9M) exceed its long term liabilities (A$8.9M).


Debt to Equity History and Analysis

Debt Level: AFL's net debt to equity ratio (12.8%) is considered satisfactory.

Reducing Debt: AFL's debt to equity ratio has increased from 3.9% to 36% over the past 5 years.

Debt Coverage: AFL's debt is not well covered by operating cash flow (15.2%).

Interest Coverage: AFL's interest payments on its debt are well covered by EBIT (7.6x coverage).


Balance Sheet


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