ASX Balance Sheet Health
Financial Health criteria checks 3/6
ASX has a total shareholder equity of A$3.7B and total debt of A$20.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are A$15.4B and A$11.8B respectively. ASX's EBIT is A$1.1B making its interest coverage ratio 2.5. It has cash and short-term investments of A$1.9B.
Key information
0.5%
Debt to equity ratio
AU$20.00m
Debt
Interest coverage ratio | 2.5x |
Cash | AU$1.87b |
Equity | AU$3.65b |
Total liabilities | AU$11.75b |
Total assets | AU$15.41b |
Recent financial health updates
No updates
Recent updates
Earnings Not Telling The Story For ASX Limited (ASX:ASX)
Apr 30Pinning Down ASX Limited's (ASX:ASX) P/E Is Difficult Right Now
Dec 17ASX's (ASX:ASX) Dividend Will Be Reduced To A$1.12
Aug 22ASX (ASX:ASX) Is Paying Out Less In Dividends Than Last Year
Feb 19ASX's (ASX:ASX) Upcoming Dividend Will Be Larger Than Last Year's
Sep 04ASX's (ASX:ASX) Dividend Will Be Increased To A$1.20
Aug 21ASX (ASX:ASX) Has Announced That It Will Be Increasing Its Dividend To AU$1.16
Feb 13Here's Why Shareholders May Consider Paying ASX Limited's (ASX:ASX) CEO A Little More
Sep 22ASX (ASX:ASX) Is Reducing Its Dividend To AU$1.11
Aug 21Is ASX Limited (ASX:ASX) A Smart Choice For Dividend Investors?
May 07ASX Limited (ASX:ASX) Insiders Have Been Selling
Mar 20We Wouldn't Be Too Quick To Buy ASX Limited (ASX:ASX) Before It Goes Ex-Dividend
Feb 27ASX (ASX:ASX) Has Compensated Shareholders With A Respectable 97% Return On Their Investment
Feb 22Three Things You Should Check Before Buying ASX Limited (ASX:ASX) For Its Dividend
Feb 03What You Need To Know About ASX Limited's (ASX:ASX) Investor Composition
Jan 16A Quick Analysis On ASX's (ASX:ASX) CEO Salary
Dec 29Should You Review Recent Insider Transactions At ASX Limited (ASX:ASX)?
Dec 12Shareholders Of ASX (ASX:ASX) Must Be Happy With Their 121% Total Return
Nov 24Financial Position Analysis
Short Term Liabilities: ASX's short term assets (A$12.7B) exceed its short term liabilities (A$11.4B).
Long Term Liabilities: ASX's short term assets (A$12.7B) exceed its long term liabilities (A$319.7M).
Debt to Equity History and Analysis
Debt Level: ASX has more cash than its total debt.
Reducing Debt: ASX's debt to equity ratio has increased from 0% to 0.5% over the past 5 years.
Debt Coverage: ASX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ASX's interest payments on its debt are not well covered by EBIT (2.5x coverage).