Ashley Services Group Balance Sheet Health
Financial Health criteria checks 4/6
Ashley Services Group has a total shareholder equity of A$30.4M and total debt of A$12.6M, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are A$90.1M and A$59.7M respectively. Ashley Services Group's EBIT is A$8.7M making its interest coverage ratio 5.1. It has cash and short-term investments of A$158.0K.
Key information
41.3%
Debt to equity ratio
AU$12.58m
Debt
| Interest coverage ratio | 5.1x |
| Cash | AU$158.00k |
| Equity | AU$30.45m |
| Total liabilities | AU$59.67m |
| Total assets | AU$90.12m |
Recent financial health updates
Is Ashley Services Group (ASX:ASH) A Risky Investment?
Dec 09
Ashley Services Group (ASX:ASH) Seems To Use Debt Quite Sensibly
May 31Ashley Services Group (ASX:ASH) Seems To Use Debt Quite Sensibly
Mar 07Here's Why Ashley Services Group (ASX:ASH) Can Manage Its Debt Responsibly
May 22Recent updates
Is Ashley Services Group (ASX:ASH) A Risky Investment?
Dec 09Ashley Services Group (ASX:ASH) Seems To Use Debt Quite Sensibly
May 31Ashley Services Group Limited (ASX:ASH) Might Not Be As Mispriced As It Looks After Plunging 32%
Feb 27Not Many Are Piling Into Ashley Services Group Limited (ASX:ASH) Just Yet
Dec 21Ashley Services Group (ASX:ASH) Has Announced A Dividend Of A$0.03
Aug 30Ashley Services Group (ASX:ASH) Seems To Use Debt Quite Sensibly
Mar 07With EPS Growth And More, Ashley Services Group (ASX:ASH) Makes An Interesting Case
Dec 05Ashley Services Group (ASX:ASH) Has Announced That It Will Be Increasing Its Dividend To A$0.03
Jul 31Ashley Services Group Limited's (ASX:ASH) CEO Looks Like They Deserve Their Pay Packet
Oct 28Ashley Services Group's (ASX:ASH) Dividend Will Be Reduced To AU$0.024
Aug 31Ashley Services Group's (ASX:ASH) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 03Estimating The Fair Value Of Ashley Services Group Limited (ASX:ASH)
Jul 29Here's Why Ashley Services Group (ASX:ASH) Can Manage Its Debt Responsibly
May 22Estimating The Fair Value Of Ashley Services Group Limited (ASX:ASH)
Apr 08How Does Ashley Services Group Limited (ASX:ASH) Fare As A Dividend Stock?
Mar 18Read This Before Considering Ashley Services Group Limited (ASX:ASH) For Its Upcoming AU$0.018 Dividend
Feb 25Did You Participate In Any Of Ashley Services Group's (ASX:ASH) Fantastic 240% Return ?
Feb 14Here's Why We Think Ashley Services Group's (ASX:ASH) Statutory Earnings Might Be Conservative
Jan 27
How Much Is Ashley Services Group Limited (ASX:ASH) Paying Its CEO?
Jan 06Is Ashley Services Group Limited (ASX:ASH) An Attractive Dividend Stock?
Dec 16Is Ashley Services Group Limited's (ASX:ASH) Latest Stock Performance A Reflection Of Its Financial Health?
Nov 19Ashley Services Group Limited's (ASX:ASH) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Jul 19Financial Position Analysis
Short Term Liabilities: ASH's short term assets (A$52.3M) exceed its short term liabilities (A$50.4M).
Long Term Liabilities: ASH's short term assets (A$52.3M) exceed its long term liabilities (A$9.3M).
Debt to Equity History and Analysis
Debt Level: ASH's net debt to equity ratio (40.8%) is considered high.
Reducing Debt: ASH's debt to equity ratio has increased from 0% to 41.3% over the past 5 years.
Debt Coverage: ASH's debt is well covered by operating cash flow (28.1%).
Interest Coverage: ASH's interest payments on its debt are well covered by EBIT (5.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 01:56 |
| End of Day Share Price | 2024/12/19 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Ashley Services Group Limited is covered by 0 analysts. 0 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 |
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