AMA Group Balance Sheet Health

Financial Health criteria checks 2/6

AMA Group has a total shareholder equity of A$118.2M and total debt of A$178.6M, which brings its debt-to-equity ratio to 151.1%. Its total assets and total liabilities are A$844.4M and A$726.2M respectively. AMA Group's EBIT is A$30.2M making its interest coverage ratio 0.9. It has cash and short-term investments of A$36.9M.

Key information

151.1%

Debt to equity ratio

AU$178.59m

Debt

Interest coverage ratio	0.9x
Cash	AU$36.90m
Equity	AU$118.18m
Total liabilities	AU$726.20m
Total assets	AU$844.38m

Recent financial health updates

Recent updates

The Market Lifts AMA Group Limited (ASX:AMA) Shares 35% But It Can Do More

Sep 04

Even With A 29% Surge, Cautious Investors Are Not Rewarding AMA Group Limited's (ASX:AMA) Performance Completely

Jul 12

Does AMA Group (ASX:AMA) Have A Healthy Balance Sheet?

Jun 18

Sentiment Still Eluding AMA Group Limited (ASX:AMA)

Apr 26

Here's Why AMA Group (ASX:AMA) Has A Meaningful Debt Burden

Feb 24

Is AMA Group (ASX:AMA) Using Debt In A Risky Way?

Jun 22

AMA Group (ASX:AMA) Has Debt But No Earnings; Should You Worry?

Mar 24

Is AMA Group (ASX:AMA) Using Debt Sensibly?

Mar 23

Auditors Are Concerned About AMA Group (ASX:AMA)

Aug 26

Here's Why AMA Group (ASX:AMA) Has A Meaningful Debt Burden

Apr 28

Is AMA Group (ASX:AMA) Using Too Much Debt?

Dec 27

The Group CEO & Executive Director of AMA Group Limited (ASX:AMA), Andrew Hopkins, Just Bought 7.9% More Shares

Dec 01

Financial Position Analysis

Short Term Liabilities: AMA's short term assets (A$230.0M) do not cover its short term liabilities (A$361.9M).

Long Term Liabilities: AMA's short term assets (A$230.0M) do not cover its long term liabilities (A$364.3M).

Debt to Equity History and Analysis

Debt Level: AMA's net debt to equity ratio (119.9%) is considered high.

Reducing Debt: AMA's debt to equity ratio has increased from 68.2% to 151.1% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable AMA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: AMA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 23.8% per year.

Discover healthy companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 06:20
End of Day Share Price	2024/12/31 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

AMA Group Limited is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Chris Savage	Bell Potter
Warren Jeffries	Canaccord Genuity
Warren Jeffries	Canaccord Genuity (Australia)

AMA Group Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

Does AMA Group (ASX:AMA) Have A Healthy Balance Sheet?

Here's Why AMA Group (ASX:AMA) Has A Meaningful Debt Burden

Is AMA Group (ASX:AMA) Using Debt In A Risky Way?

AMA Group (ASX:AMA) Has Debt But No Earnings; Should You Worry?

Is AMA Group (ASX:AMA) Using Debt Sensibly?

Auditors Are Concerned About AMA Group (ASX:AMA)

Recent updates

AMA Group Limited Announces Change of Company Secretary

AMA Group Limited Announces Company Secretary Changes

AMA Group Limited, Annual General Meeting, Nov 21, 2024

The Market Lifts AMA Group Limited (ASX:AMA) Shares 35% But It Can Do More

Full year 2024 earnings: Revenues miss analyst expectations

Price target decreased by 15% to AU$0.097

AMA Group Limited has completed a Follow-on Equity Offering in the amount of AUD 125.000088 million.

AMA Group Limited has filed a Follow-on Equity Offering in the amount of AUD 125 million.

Even With A 29% Surge, Cautious Investors Are Not Rewarding AMA Group Limited's (ASX:AMA) Performance Completely

High number of new and inexperienced directors

AMA Group Limited Announces Resignation of Talbot Babineau as Director

Does AMA Group (ASX:AMA) Have A Healthy Balance Sheet?

Price target decreased by 11% to AU$0.11

AMA Group Limited Announces Resignation of Geoff Trumbull as Chief Financial Officer

Sentiment Still Eluding AMA Group Limited (ASX:AMA)

High number of new and inexperienced directors

AMA Group Limited Announces Board Appointments

AMA Group Limited Announces Director Resignations

Independent Chairman of the Board recently bought AU$80k worth of stock

Consensus EPS estimates fall by 20%

Price target decreased by 10.0% to AU$0.14

Here's Why AMA Group (ASX:AMA) Has A Meaningful Debt Burden

First half 2024 earnings released: AU$0.007 loss per share (vs AU$0.024 loss in 1H 2023)

AMA Group Limited Announces Retirement of Simon Moore as Non-Executive Director

High number of new and inexperienced directors

Price target decreased by 21% to AU$0.15

AMA Group Limited Appoints Mathew Cooper as Group Chief Executive Officer, Effective on December 1, 2023

AMA Group Limited Appoints Brian Austin as Independent Non-Executive Director on the Board of Directors, Effective 1 December 2023

AMA Group Limited Announces Board Changes

Group CEO & Executive Director recently bought AU$89k worth of stock

AMA Group Limited Announces Retirement of Carl Bizon as Director

Consensus estimates of losses per share improve by 13%

New major risk - Shareholder dilution

New minor risk - Shareholder dilution

Consensus EPS estimates fall by 88%

Full year 2023 earnings: EPS and revenues miss analyst expectations

New major risk - Revenue and earnings growth

AMA Group Limited, Annual General Meeting, Nov 23, 2023

New major risk - Share price stability

AMA Group Limited to Report Fiscal Year 2023 Results on Aug 22, 2023

Is AMA Group (ASX:AMA) Using Debt In A Risky Way?

Price target decreased by 10% to AU$0.22

Independent Non-Executive Director recently bought AU$163k worth of stock

Price target decreased by 10% to AU$0.22

Consensus EPS estimates fall by 18%, revenue upgraded

Price target increased by 8.6% to AU$0.25

AMA Group (ASX:AMA) Has Debt But No Earnings; Should You Worry?

High number of new directors

Price target increased by 8.6% to AU$0.25

First half 2023 earnings released: AU$0.024 loss per share (vs AU$0.052 loss in 1H 2022)

AMA Group Limited to Report First Half, 2023 Results on Feb 21, 2023

AMA Group Limited Appoints Talbot Babineau as Non-Executive Director, Effective 13 February 2023

High number of new directors

AMA Group Limited Announces Retirement of Nicole Cook as Non-Executive Director

AMA Group Limited Announces Retirement of Nicole Cook as Non-Executive Director

FluidDrive Holdings Pty Ltd entered into a Business Sale Agreement to acquire FluidDrive business of AMA Group Limited (ASX:AMA) for AUD 2.5 million.

AMA Group Limited, Annual General Meeting, Nov 24, 2022

AMA Group Limited Decides to Close the Gold Coast Support Office

AMA Group Limited to Report Fiscal Year 2022 Results on Aug 23, 2022

Group Chief Executive Officer recently bought AU$53k worth of stock

AMA Group Limited Appoints Carl Bizon as Director

Price target decreased to AU$0.32

Price target decreased to AU$0.41

Is AMA Group (ASX:AMA) Using Debt Sensibly?

Consensus forecasts updated

First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased to AU$0.45

AMA Group Limited Announces Appointment of Caroline Waldron as Non-Executive Director

Consensus forecasts updated