Australian Foundation Investment Balance Sheet Health
Financial Health criteria checks 4/6
Australian Foundation Investment has a total shareholder equity of A$8.0B and total debt of A$10.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are A$9.5B and A$1.6B respectively. Australian Foundation Investment's EBIT is A$320.4M making its interest coverage ratio 236.8. It has cash and short-term investments of A$236.3M.
Key information
0.1%
Debt to equity ratio
AU$10.00m
Debt
| Interest coverage ratio | 236.8x |
| Cash | AU$236.26m |
| Equity | AU$7.98b |
| Total liabilities | AU$1.55b |
| Total assets | AU$9.53b |
Recent financial health updates
No updates
Recent updates
Australian Foundation Investment (ASX:AFI) Will Pay A Dividend Of A$0.115
Jan 27
Australian Foundation Investment Company Limited's (ASX:AFI) Business Is Yet to Catch Up With Its Share Price
Dec 26Australian Foundation Investment (ASX:AFI) Is Due To Pay A Dividend Of A$0.14
Jul 28Should You Be Adding Australian Foundation Investment (ASX:AFI) To Your Watchlist Today?
May 30Does Australian Foundation Investment (ASX:AFI) Deserve A Spot On Your Watchlist?
Feb 02Australian Foundation Investment (ASX:AFI) Is Due To Pay A Dividend Of A$0.14
Jul 27Australian Foundation Investment (ASX:AFI) Has Affirmed Its Dividend Of AU$0.10
Jan 27Australian Foundation Investment (ASX:AFI) Has Re-Affirmed Its Dividend Of AU$0.14
Aug 02Should Australian Foundation Investment Company Limited (ASX:AFI) Be Part Of Your Income Portfolio?
Apr 05How Should Investors Feel About Australian Foundation Investment's (ASX:AFI) CEO Remuneration?
Mar 01It Might Not Be A Great Idea To Buy Australian Foundation Investment Company Limited (ASX:AFI) For Its Next Dividend
Feb 03Did You Participate In Any Of Australian Foundation Investment's (ASX:AFI) Respectable 60% Return?
Jan 22
How Does Australian Foundation Investment Company Limited (ASX:AFI) Fare As A Dividend Stock?
Dec 27Our View On Australian Foundation Investment's (ASX:AFI) CEO Pay
Nov 19Financial Position Analysis
Short Term Liabilities: AFI's short term assets (A$248.5M) exceed its short term liabilities (A$33.1M).
Long Term Liabilities: AFI's short term assets (A$248.5M) do not cover its long term liabilities (A$1.5B).
Debt to Equity History and Analysis
Debt Level: AFI has more cash than its total debt.
Reducing Debt: AFI's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: AFI's debt is well covered by operating cash flow (2957.3%).
Interest Coverage: AFI's interest payments on its debt are well covered by EBIT (236.8x coverage).