Centrepoint Alliance Balance Sheet Health
Financial Health criteria checks 5/6
Centrepoint Alliance has a total shareholder equity of A$33.3M and total debt of A$3.2M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are A$59.0M and A$25.7M respectively. Centrepoint Alliance's EBIT is A$6.3M making its interest coverage ratio 20.9. It has cash and short-term investments of A$12.2M.
Key information
9.6%
Debt to equity ratio
AU$3.20m
Debt
| Interest coverage ratio | 20.9x |
| Cash | AU$12.21m |
| Equity | AU$33.34m |
| Total liabilities | AU$25.68m |
| Total assets | AU$59.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAF's short term assets (A$21.7M) exceed its short term liabilities (A$18.7M).
Long Term Liabilities: CAF's short term assets (A$21.7M) exceed its long term liabilities (A$7.0M).
Debt to Equity History and Analysis
Debt Level: CAF has more cash than its total debt.
Reducing Debt: CAF's debt to equity ratio has increased from 0% to 9.6% over the past 5 years.
Debt Coverage: CAF's debt is well covered by operating cash flow (226%).
Interest Coverage: CAF's interest payments on its debt are well covered by EBIT (20.9x coverage).