Shine Justice Balance Sheet Health
Financial Health criteria checks 5/6
Shine Justice has a total shareholder equity of A$270.9M and total debt of A$46.6M, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are A$599.1M and A$328.2M respectively.
Key information
17.2%
Debt to equity ratio
AU$46.57m
Debt
Interest coverage ratio | n/a |
Cash | AU$21.55m |
Equity | AU$270.93m |
Total liabilities | AU$328.20m |
Total assets | AU$599.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHJ's short term assets (A$324.3M) exceed its short term liabilities (A$138.9M).
Long Term Liabilities: SHJ's short term assets (A$324.3M) exceed its long term liabilities (A$189.3M).
Debt to Equity History and Analysis
Debt Level: SHJ's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: SHJ's debt to equity ratio has reduced from 23.9% to 17.2% over the past 5 years.
Debt Coverage: SHJ's debt is well covered by operating cash flow (103.5%).
Interest Coverage: Insufficient data to determine if SHJ's interest payments on its debt are well covered by EBIT.