Centrepoint Alliance Balance Sheet Health
Financial Health criteria checks 5/6
Centrepoint Alliance has a total shareholder equity of A$32.3M and total debt of A$4.0M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are A$57.9M and A$25.6M respectively. Centrepoint Alliance's EBIT is A$5.4M making its interest coverage ratio 39.6. It has cash and short-term investments of A$12.4M.
Key information
12.4%
Debt to equity ratio
AU$4.00m
Debt
| Interest coverage ratio | 39.6x |
| Cash | AU$12.38m |
| Equity | AU$32.27m |
| Total liabilities | AU$25.60m |
| Total assets | AU$57.88m |
Recent financial health updates
No updates
Recent updates
Centrepoint Alliance's (ASX:CAF) Dividend Will Be Increased To A$0.02
Aug 28
Centrepoint Alliance (ASX:CAF) Is Due To Pay A Dividend Of A$0.01
Feb 25Centrepoint Alliance (ASX:CAF) Has Affirmed Its Dividend Of A$0.01
Aug 25Tread With Caution Around Centrepoint Alliance Limited's (ASX:CAF) 8.5% Dividend Yield
Mar 31What Does Centrepoint Alliance's (ASX:CAF) CEO Pay Reveal?
Dec 16
Financial Position Analysis
Short Term Liabilities: CAF's short term assets (A$21.6M) exceed its short term liabilities (A$18.7M).
Long Term Liabilities: CAF's short term assets (A$21.6M) exceed its long term liabilities (A$6.9M).
Debt to Equity History and Analysis
Debt Level: CAF has more cash than its total debt.
Reducing Debt: CAF's debt to equity ratio has increased from 0% to 12.4% over the past 5 years.
Debt Coverage: CAF's debt is well covered by operating cash flow (163.2%).
Interest Coverage: CAF's interest payments on its debt are well covered by EBIT (39.6x coverage).