Australian Ethical Investment Balance Sheet Health
Financial Health criteria checks 6/6
Australian Ethical Investment has a total shareholder equity of A$30.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$51.2M and A$21.1M respectively. Australian Ethical Investment's EBIT is A$28.5M making its interest coverage ratio 164.6. It has cash and short-term investments of A$36.4M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 164.6x |
| Cash | AU$36.39m |
| Equity | AU$30.14m |
| Total liabilities | AU$21.09m |
| Total assets | AU$51.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AEF's short term assets (A$41.7M) exceed its short term liabilities (A$18.0M).
Long Term Liabilities: AEF's short term assets (A$41.7M) exceed its long term liabilities (A$3.1M).
Debt to Equity History and Analysis
Debt Level: AEF is debt free.
Reducing Debt: AEF has not had any debt for past 5 years.
Debt Coverage: AEF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AEF has no debt, therefore coverage of interest payments is not a concern.