SelfWealth Balance Sheet Health

Financial Health criteria checks 6/6

SelfWealth has a total shareholder equity of A$13.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$398.5M and A$384.7M respectively.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	n/a
Cash	AU$11.40m
Equity	AU$13.80m
Total liabilities	AU$384.72m
Total assets	AU$398.53m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SWF's short term assets (A$394.5M) exceed its short term liabilities (A$384.6M).

Long Term Liabilities: SWF's short term assets (A$394.5M) exceed its long term liabilities (A$113.5K).

Debt to Equity History and Analysis

Debt Level: SWF is debt free.

Reducing Debt: SWF had no debt 5 years ago.

Debt Coverage: SWF has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SWF has no debt, therefore coverage of interest payments is not a concern.

SelfWealth Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

AxiCorp Financial Services Pty Ltd proposed to acquire SelfWealth Limited (ASX:SWF) for AUD 53.4 million.

AxiCorp Financial Services Pty Ltd proposed to acquire SelfWealth Limited (ASX:SWF) for AUD 53.4 million.

Bell Financial Group Limited (ASX:BFG) received a Non-binding indicative proposal to acquire SelfWealth Limited (ASX:SWF) for AUD 51 million.

SelfWealth Limited, Annual General Meeting, Nov 14, 2024

New major risk - Earnings quality

Selfwealth Limited Appoints Adam Lewis as Independent Non-Executive Director, Effective 15 November 2023

SelfWealth Limited Announces Chief Executive Officer Changes

New minor risk - Share price stability

New minor risk - Financial data availability

SelfWealth Limited Announces Executive Changes

SelfWealth Limited Appoints Scott Farndell as Chief Financial Officer, Effective August 21, 2023

SelfWealth Limited Announces Executive Changes

First half 2023 earnings released: EPS: AU$0 (vs AU$0.01 loss in 1H 2022)

Selfwealth Limited Announces Board Changes

SelfWealth Limited Announces the Retirement of Mandy Drake as Chief Financial Officer, Effective 8 May 2023

SelfWealth Limited Announces Resignation of John O'shaughnessy as Non- Executive Director

Less than half of directors are independent

SelfWealth Limited Announces Resignation of Tam Vu as Non- Executive Director

SelfWealth Limited, Annual General Meeting, Nov 23, 2022

SelfWealth Ltd Announces Appointment of Huy Truong as an Independent Non-Executive Director

SelfWealth Limited Appoints Jodie Leonard as an Independent Non-Executive Director

Full year 2022 earnings released: AU$0.027 loss per share (vs AU$0.003 loss in FY 2021)

No independent directors

First half 2022 earnings: EPS in line with expectations, revenues disappoint

SelfWealth Ltd Receives a Letter from Graham Newman Pty Ltd and Andrew Bruce Ward

SelfWealth Ltd Receives a Letter from Graham Newman Pty Ltd

Less than half of directors are independent

Full year 2021 earnings released: AU$0.006 loss per share (vs AU$0.015 loss in FY 2020)

SelfWealth Limited has completed a Follow-on Equity Offering in the amount of AUD 1.735518 million.

Chief Financial Officer Phillip Hains has left the company

SelfWealth Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million.

Insider recently bought AU$286k worth of stock

First half 2021 earnings released: AU$0.002 loss per share (vs AU$0.008 loss in 1H 2020)

New 90-day high: AU$0.67

New 90-day low: AU$0.50

SelfWealth Limited announced that it has received AUD 3 million in funding

New 90-day high - AU$0.69

Earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Discover healthy companies