Australian Foundation Investment Balance Sheet Health
Financial Health criteria checks 4/6
Australian Foundation Investment has a total shareholder equity of A$8.3B 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$9.9B and A$1.7B respectively. Australian Foundation Investment's EBIT is A$320.3M making its interest coverage ratio 228. It has cash and short-term investments of A$171.9M.
Key information
0.1%
Debt to equity ratio
AU$10.00m
Debt
| Interest coverage ratio | 228x |
| Cash | AU$171.89m |
| Equity | AU$8.26b |
| Total liabilities | AU$1.66b |
| Total assets | AU$9.92b |
Recent financial health updates
No updates
Recent updates
Australian Foundation Investment Company Limited's (ASX:AFI) Shareholders Might Be Looking For Exit
Nov 29
Most Shareholders Will Probably Agree With Australian Foundation Investment Company Limited's (ASX:AFI) CEO Compensation
Sep 26Australian Foundation Investment's (ASX:AFI) Upcoming Dividend Will Be Larger Than Last Year's
Aug 02There's Reason For Concern Over Australian Foundation Investment Company Limited's (ASX:AFI) Price
Jun 07Australian Foundation Investment (ASX:AFI) Will Pay A Dividend Of A$0.115
Jan 27Australian Foundation Investment Company Limited's (ASX:AFI) Business Is Yet to Catch Up With Its Share Price
Dec 26Financial Position Analysis
Short Term Liabilities: AFI's short term assets (A$214.3M) exceed its short term liabilities (A$51.4M).
Long Term Liabilities: AFI's short term assets (A$214.3M) do not cover its long term liabilities (A$1.6B).
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 (2893.5%).
Interest Coverage: AFI's interest payments on its debt are well covered by EBIT (228x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 03:34 |
| End of Day Share Price | 2024/12/20 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
Australian Foundation Investment Company Limited is covered by 1 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 |
|---|---|
| Sally Campbell | Goldman Sachs & Partners Australia Pty Ltd |