Count Balance Sheet Health
Financial Health criteria checks 2/6
Count has a total shareholder equity of A$87.6M and total debt of A$20.4M, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are A$314.5M and A$226.9M respectively. Count's EBIT is A$2.7M making its interest coverage ratio 2.2. It has cash and short-term investments of A$18.1M.
Key information
23.3%
Debt to equity ratio
AU$20.41m
Debt
Interest coverage ratio | 2.2x |
Cash | AU$18.14m |
Equity | AU$87.55m |
Total liabilities | AU$226.93m |
Total assets | AU$314.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CUP's short term assets (A$96.5M) exceed its short term liabilities (A$83.7M).
Long Term Liabilities: CUP's short term assets (A$96.5M) do not cover its long term liabilities (A$143.3M).
Debt to Equity History and Analysis
Debt Level: CUP's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: CUP's debt to equity ratio has increased from 1.9% to 23.3% over the past 5 years.
Debt Coverage: CUP's debt is not well covered by operating cash flow (16%).
Interest Coverage: CUP's interest payments on its debt are not well covered by EBIT (2.2x coverage).