Australian Finance Group Balance Sheet Health
Financial Health criteria checks 2/6
Australian Finance Group has a total shareholder equity of A$203.0M and total debt of A$4.2B, which brings its debt-to-equity ratio to 2089.5%. Its total assets and total liabilities are A$5.7B and A$5.4B respectively.
Key information
2,089.5%
Debt to equity ratio
AU$4.24b
Debt
Interest coverage ratio | n/a |
Cash | AU$65.91m |
Equity | AU$202.96m |
Total liabilities | AU$5.45b |
Total assets | AU$5.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFG's short term assets (A$5.5B) exceed its short term liabilities (A$1.2B).
Long Term Liabilities: AFG's short term assets (A$5.5B) exceed its long term liabilities (A$4.3B).
Debt to Equity History and Analysis
Debt Level: AFG's net debt to equity ratio (2057%) is considered high.
Reducing Debt: AFG's debt to equity ratio has increased from 1701.1% to 2089.5% over the past 5 years.
Debt Coverage: AFG's debt is not well covered by operating cash flow (1%).
Interest Coverage: Insufficient data to determine if AFG's interest payments on its debt are well covered by EBIT.