Academies Australasia Group Balance Sheet Health
Financial Health criteria checks 4/6
Academies Australasia Group has a total shareholder equity of A$19.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$85.1M and A$65.1M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.01m |
| Equity | AU$19.94m |
| Total liabilities | AU$65.11m |
| Total assets | AU$85.05m |
Recent financial health updates
Recent updates
Academies Australasia Group Limited's (ASX:AKG) Shareholders Might Be Looking For Exit
Feb 29
Shareholders May Find It Hard To Justify Increasing Academies Australasia Group Limited's (ASX:AKG) CEO Compensation For Now
Nov 10We Think Academies Australasia Group (ASX:AKG) Can Easily Afford To Drive Business Growth
Aug 24Academies Australasia Group (ASX:AKG) Is Looking To Continue Growing Its Returns On Capital
Aug 27John Schlederer Is The Independent Non-Executive Chairman of Academies Australasia Group Limited (ASX:AKG) And They Just Picked Up 3.5% More Shares
Feb 17
Here's Why We Think Academies Australasia Group's (ASX:AKG) Statutory Earnings Might Be Conservative
Feb 03How Much Is Academies Australasia Group Limited (ASX:AKG) CEO Getting Paid?
Jan 19Are Strong Financial Prospects The Force That Is Driving The Momentum In Academies Australasia Group Limited's ASX:AKG) Stock?
Jan 04Who Has Been Buying Academies Australasia Group Limited (ASX:AKG) Shares?
Dec 20Will the Promising Trends At Academies Australasia Group (ASX:AKG) Continue?
Dec 05Is Academies Australasia Group Limited (ASX:AKG) A Good Fit For Your Dividend Portfolio?
Nov 20Will The ROCE Trend At Academies Australasia Group (ASX:AKG) Continue?
Aug 26Academies Australasia Group Limited (ASX:AKG) Screens Well But There Might Be A Catch
Jul 31Here's Why Academies Australasia Group's (ASX:AKG) Statutory Earnings Are Arguably Too Conservative
Jul 13Should You Take Comfort From Insider Transactions At Academies Australasia Group Limited (ASX:AKG)?
Jun 25Financial Position Analysis
Short Term Liabilities: AKG's short term assets (A$8.9M) do not cover its short term liabilities (A$27.0M).
Long Term Liabilities: AKG's short term assets (A$8.9M) do not cover its long term liabilities (A$38.2M).
Debt to Equity History and Analysis
Debt Level: AKG is debt free.
Reducing Debt: AKG has no debt compared to 5 years ago when its debt to equity ratio was 2.3%.
Debt Coverage: AKG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AKG has no debt, therefore coverage of interest payments is not a concern.