Flagship Investments Balance Sheet Health
Financial Health criteria checks 2/6
Flagship Investments has a total shareholder equity of A$58.0M and total debt of A$18.4M, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are A$82.2M and A$24.2M respectively.
Key information
31.7%
Debt to equity ratio
AU$18.38m
Debt
Interest coverage ratio | n/a |
Cash | AU$3.50m |
Equity | AU$58.01m |
Total liabilities | AU$24.20m |
Total assets | AU$82.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FSI's short term assets (A$3.6M) exceed its short term liabilities (A$2.6M).
Long Term Liabilities: FSI's short term assets (A$3.6M) do not cover its long term liabilities (A$21.6M).
Debt to Equity History and Analysis
Debt Level: FSI's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: FSI's debt to equity ratio has increased from 0% to 31.7% over the past 5 years.
Debt Coverage: FSI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FSI's interest payments on its debt are well covered by EBIT.