Australian Foundation Investment Balance Sheet Health
Financial Health criteria checks 4/6
Australian Foundation Investment has a total shareholder equity of A$8.3B and total debt of A$10.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are A$9.9B and A$1.7B respectively. Australian Foundation Investment's EBIT is A$320.3M making its interest coverage ratio 228. It has cash and short-term investments of A$171.9M.
Key information
0.1%
Debt to equity ratio
AU$10.00m
Debt
| Interest coverage ratio | 228x |
| Cash | AU$171.89m |
| Equity | AU$8.26b |
| Total liabilities | AU$1.66b |
| Total assets | AU$9.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFI's short term assets (A$214.3M) exceed its short term liabilities (A$51.4M).
Long Term Liabilities: AFI's short term assets (A$214.3M) do not cover its long term liabilities (A$1.6B).
Debt to Equity History and Analysis
Debt Level: AFI has more cash than its total debt.
Reducing Debt: AFI's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: AFI's debt is well covered by operating cash flow (2893.5%).
Interest Coverage: AFI's interest payments on its debt are well covered by EBIT (228x coverage).