Simonds Group Balance Sheet Health
Financial Health criteria checks 5/6
Simonds Group has a total shareholder equity of A$18.5M and total debt of A$843.0K, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are A$158.3M and A$139.8M respectively. Simonds Group's EBIT is A$6.6M making its interest coverage ratio 3. It has cash and short-term investments of A$1.6M.
Key information
4.6%
Debt to equity ratio
AU$843.00k
Debt
| Interest coverage ratio | 3x |
| Cash | AU$1.65m |
| Equity | AU$18.51m |
| Total liabilities | AU$139.79m |
| Total assets | AU$158.29m |
Recent financial health updates
Recent updates
Is Simonds Group (ASX:SIO) Using Debt In A Risky Way?
Dec 07
Capital Allocation Trends At Simonds Group (ASX:SIO) Aren't Ideal
Sep 30Is Simonds Group Limited's (ASX:SIO) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Feb 22The Simonds Group (ASX:SIO) Share Price Has Gained 39% And Shareholders Are Hoping For More
Jan 25
Have Insiders Been Buying Simonds Group Limited (ASX:SIO) Shares?
Dec 24Is Simonds Group Limited's(ASX:SIO) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jul 13Financial Position Analysis
Short Term Liabilities: SIO's short term assets (A$136.2M) exceed its short term liabilities (A$128.0M).
Long Term Liabilities: SIO's short term assets (A$136.2M) exceed its long term liabilities (A$11.8M).
Debt to Equity History and Analysis
Debt Level: SIO has more cash than its total debt.
Reducing Debt: SIO's debt to equity ratio has reduced from 69.2% to 4.6% over the past 5 years.
Debt Coverage: SIO's debt is well covered by operating cash flow (314.4%).
Interest Coverage: SIO's interest payments on its debt are not well covered by EBIT (3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 22:12 |
| End of Day Share Price | 2024/12/16 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
Simonds Group Limited is covered by 2 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 |
|---|---|
| Russell Wright | APP Securities Pty Ltd. |
| Scott Murdoch | Morgans Financial Limited |