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
Most Shareholders Will Probably Agree With Australian Foundation Investment Company Limited's (ASX:AFI) CEO Compensation
Sep 26
Australian 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 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$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).