ASX Balance Sheet Health

Financial Health criteria checks 4/6

ASX has a total shareholder equity of A$3.7B and total debt of A$276.4M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are A$16.9B and A$13.2B respectively. ASX's EBIT is A$1.1B making its interest coverage ratio 2.5. It has cash and short-term investments of A$2.2B.

Key information

7.4%

Debt to equity ratio

AU$276.40m

Debt

Interest coverage ratio2.5x
CashAU$2.25b
EquityAU$3.72b
Total liabilitiesAU$13.16b
Total assetsAU$16.89b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ASX's short term assets (A$14.1B) exceed its short term liabilities (A$12.6B).

Long Term Liabilities: ASX's short term assets (A$14.1B) exceed its long term liabilities (A$592.7M).


Debt to Equity History and Analysis

Debt Level: ASX has more cash than its total debt.

Reducing Debt: ASX's debt to equity ratio has increased from 0% to 7.4% over the past 5 years.

Debt Coverage: ASX's debt is well covered by operating cash flow (173.8%).

Interest Coverage: ASX's interest payments on its debt are not well covered by EBIT (2.5x coverage).


Balance Sheet


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