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 ratio2.5x
CashAU$1.87b
EquityAU$3.65b
Total liabilitiesAU$11.75b
Total assetsAU$15.41b

Recent financial health updates

No updates

Recent updates

Earnings Not Telling The Story For ASX Limited (ASX:ASX)

Apr 30
Earnings Not Telling The Story For ASX Limited (ASX:ASX)

Pinning Down ASX Limited's (ASX:ASX) P/E Is Difficult Right Now

Dec 17
Pinning Down ASX Limited's (ASX:ASX) P/E Is Difficult Right Now

ASX's (ASX:ASX) Dividend Will Be Reduced To A$1.12

Aug 22
ASX's (ASX:ASX) Dividend Will Be Reduced To A$1.12

ASX (ASX:ASX) Is Paying Out Less In Dividends Than Last Year

Feb 19
ASX (ASX:ASX) Is Paying Out Less In Dividends Than Last Year

ASX's (ASX:ASX) Upcoming Dividend Will Be Larger Than Last Year's

Sep 04
ASX's (ASX:ASX) Upcoming Dividend Will Be Larger Than Last Year's

ASX's (ASX:ASX) Dividend Will Be Increased To A$1.20

Aug 21
ASX's (ASX:ASX) Dividend Will Be Increased To A$1.20

ASX (ASX:ASX) Has Announced That It Will Be Increasing Its Dividend To AU$1.16

Feb 13
ASX (ASX:ASX) Has Announced That It Will Be Increasing Its Dividend To AU$1.16

Here's Why Shareholders May Consider Paying ASX Limited's (ASX:ASX) CEO A Little More

Sep 22
Here's Why Shareholders May Consider Paying ASX Limited's (ASX:ASX) CEO A Little More

ASX (ASX:ASX) Is Reducing Its Dividend To AU$1.11

Aug 21
ASX (ASX:ASX) Is Reducing Its Dividend To AU$1.11

Is ASX Limited (ASX:ASX) A Smart Choice For Dividend Investors?

May 07
Is ASX Limited (ASX:ASX) A Smart Choice For Dividend Investors?

ASX Limited (ASX:ASX) Insiders Have Been Selling

Mar 20
ASX Limited (ASX:ASX) Insiders Have Been Selling

We Wouldn't Be Too Quick To Buy ASX Limited (ASX:ASX) Before It Goes Ex-Dividend

Feb 27
We Wouldn't Be Too Quick To Buy ASX Limited (ASX:ASX) Before It Goes Ex-Dividend

ASX (ASX:ASX) Has Compensated Shareholders With A Respectable 97% Return On Their Investment

Feb 22
ASX (ASX:ASX) Has Compensated Shareholders With A Respectable 97% Return On Their Investment

Three Things You Should Check Before Buying ASX Limited (ASX:ASX) For Its Dividend

Feb 03
Three Things You Should Check Before Buying ASX Limited (ASX:ASX) For Its Dividend

What You Need To Know About ASX Limited's (ASX:ASX) Investor Composition

Jan 16
What You Need To Know About ASX Limited's (ASX:ASX) Investor Composition

A Quick Analysis On ASX's (ASX:ASX) CEO Salary

Dec 29
A Quick Analysis On ASX's (ASX:ASX) CEO Salary

Should You Review Recent Insider Transactions At ASX Limited (ASX:ASX)?

Dec 12
Should You Review Recent Insider Transactions At ASX Limited (ASX:ASX)?

Shareholders Of ASX (ASX:ASX) Must Be Happy With Their 121% Total Return

Nov 24
Shareholders Of ASX (ASX:ASX) Must Be Happy With Their 121% Total Return

Financial 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).


Balance Sheet


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