Ariadne Australia Balance Sheet Health
Financial Health criteria checks 3/6
Ariadne Australia has a total shareholder equity of A$188.7M and total debt of A$20.0M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are A$222.5M and A$33.8M respectively. Ariadne Australia's EBIT is A$424.0K making its interest coverage ratio 0.2. It has cash and short-term investments of A$32.9M.
Key information
10.6%
Debt to equity ratio
AU$20.05m
Debt
| Interest coverage ratio | 0.2x |
| Cash | AU$32.92m |
| Equity | AU$188.68m |
| Total liabilities | AU$33.81m |
| Total assets | AU$222.49m |
Recent financial health updates
These 4 Measures Indicate That Ariadne Australia (ASX:ARA) Is Using Debt Reasonably Well
Mar 25
Is Ariadne Australia (ASX:ARA) A Risky Investment?
May 28These 4 Measures Indicate That Ariadne Australia (ASX:ARA) Is Using Debt Reasonably Well
Feb 27Recent updates
These 4 Measures Indicate That Ariadne Australia (ASX:ARA) Is Using Debt Reasonably Well
Mar 25We Think That There Are Issues Underlying Ariadne Australia's (ASX:ARA) Earnings
Sep 05Is Ariadne Australia (ASX:ARA) A Risky Investment?
May 28The Alternate Director of Ariadne Australia Limited (ASX:ARA), Benjamin Seymour, Just Bought A Few More Shares
Mar 11These 4 Measures Indicate That Ariadne Australia (ASX:ARA) Is Using Debt Reasonably Well
Feb 27How Many Ariadne Australia Limited (ASX:ARA) Shares Did Insiders Buy, In The Last Year?
Jan 17Shareholders Of Ariadne Australia (ASX:ARA) Must Be Happy With Their 63% Return
Nov 26Should You Take Comfort From Insider Transactions At Ariadne Australia Limited (ASX:ARA)?
Jul 06
Financial Position Analysis
Short Term Liabilities: ARA's short term assets (A$35.9M) exceed its short term liabilities (A$15.4M).
Long Term Liabilities: ARA's short term assets (A$35.9M) exceed its long term liabilities (A$18.5M).
Debt to Equity History and Analysis
Debt Level: ARA has more cash than its total debt.
Reducing Debt: ARA's debt to equity ratio has increased from 4.3% to 10.6% over the past 5 years.
Debt Coverage: ARA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ARA's interest payments on its debt are not well covered by EBIT (0.2x coverage).