Gowing Bros Balance Sheet Health
Financial Health criteria checks 3/6
Gowing Bros has a total shareholder equity of A$194.3M and total debt of A$95.9M, which brings its debt-to-equity ratio to 49.4%. Its total assets and total liabilities are A$322.0M and A$127.7M respectively. Gowing Bros's EBIT is A$6.6M making its interest coverage ratio 1.2. It has cash and short-term investments of A$18.3M.
Key information
49.4%
Debt to equity ratio
AU$95.87m
Debt
| Interest coverage ratio | 1.2x |
| Cash | AU$18.33m |
| Equity | AU$194.26m |
| Total liabilities | AU$127.75m |
| Total assets | AU$322.00m |
Recent financial health updates
No updates
Recent updates
It's Unlikely That Shareholders Will Increase Gowing Bros. Limited's (ASX:GOW) Compensation By Much This Year
Nov 20
Gowing Bros' (ASX:GOW) Dividend Will Be A$0.0345
Oct 02Gowing Bros (ASX:GOW) Is Paying Out A Dividend Of A$0.03
Mar 30Gowing Bros' (ASX:GOW) Dividend Will Be A$0.04
Oct 07Gowing Bros (ASX:GOW) Is Due To Pay A Dividend Of AU$0.04
Mar 30Is Gowing Bros. Limited (ASX:GOW) A Risky Dividend Stock?
Jan 21
How Much Did Gowing Bros'(ASX:GOW) Shareholders Earn From Share Price Movements Over The Last Three Years?
Dec 17Financial Position Analysis
Short Term Liabilities: GOW's short term assets (A$41.5M) exceed its short term liabilities (A$6.6M).
Long Term Liabilities: GOW's short term assets (A$41.5M) do not cover its long term liabilities (A$121.2M).
Debt to Equity History and Analysis
Debt Level: GOW's net debt to equity ratio (39.9%) is considered satisfactory.
Reducing Debt: GOW's debt to equity ratio has reduced from 59.4% to 49.4% over the past 5 years.
Debt Coverage: GOW's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: GOW's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 13:35 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/07/31 |
| Annual Earnings | 2024/07/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Gowing Bros. Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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