AMP Balance Sheet Health
Financial Health criteria checks 0/6
AMP has a total shareholder equity of A$3.9B and total debt of A$28.4B, which brings its debt-to-equity ratio to 732.6%. Its total assets and total liabilities are A$33.9B and A$30.0B respectively. AMP's EBIT is A$1.3B making its interest coverage ratio 1.1. It has cash and short-term investments of A$2.0B.
Key information
732.6%
Debt to equity ratio
AU$28.38b
Debt
| Interest coverage ratio | 1.1x |
| Cash | AU$1.98b |
| Equity | AU$3.87b |
| Total liabilities | AU$30.00b |
| Total assets | AU$33.88b |
Recent financial health updates
Recent updates
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For AMP Limited's (ASX:AMP) CEO For Now
Apr 05
AMP (ASX:AMP) Will Pay A Dividend Of A$0.02
Feb 19Have Insiders Been Buying AMP Limited (ASX:AMP) Shares?
Feb 08Could The AMP Limited (ASX:AMP) Ownership Structure Tell Us Something Useful?
Jan 04Reflecting on AMP's (ASX:AMP) Share Price Returns Over The Last Five Years
Nov 30Have Insiders Been Buying AMP Limited (ASX:AMP) Shares?
Jun 28Financial Position Analysis
Short Term Liabilities: AMP's short term assets (A$2.8B) do not cover its short term liabilities (A$26.8B).
Long Term Liabilities: AMP's short term assets (A$2.8B) do not cover its long term liabilities (A$3.2B).
Debt to Equity History and Analysis
Debt Level: AMP's net debt to equity ratio (681.6%) is considered high.
Reducing Debt: AMP's debt to equity ratio has increased from 318.8% to 732.6% over the past 5 years.
Debt Coverage: AMP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AMP's interest payments on its debt are not well covered by EBIT (1.1x coverage).