Australian Agricultural Balance Sheet Health
Financial Health criteria checks 3/6
Australian Agricultural has a total shareholder equity of A$1.6B and total debt of A$447.5M, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are A$2.4B and A$859.3M respectively.
Key information
28.8%
Debt to equity ratio
AU$447.52m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$6.17m |
| Equity | AU$1.55b |
| Total liabilities | AU$859.30m |
| Total assets | AU$2.41b |
Recent financial health updates
Is Australian Agricultural (ASX:AAC) A Risky Investment?
Aug 13
Here's Why Australian Agricultural (ASX:AAC) Can Afford Some Debt
Mar 29Recent updates
Is Now The Time To Put Australian Agricultural (ASX:AAC) On Your Watchlist?
May 11Is Australian Agricultural (ASX:AAC) A Risky Investment?
Aug 13This Is Why Australian Agricultural Company Limited's (ASX:AAC) CEO Compensation Looks Appropriate
Jul 22Here's Why Australian Agricultural (ASX:AAC) Can Afford Some Debt
Mar 29Key Things To Understand About Australian Agricultural's (ASX:AAC) CEO Pay Cheque
Feb 20We Wouldn't Rely On Australian Agricultural's (ASX:AAC) Statutory Earnings As A Guide
Jan 25What Kind Of Investors Own Most Of Australian Agricultural Company Limited (ASX:AAC)?
Jan 04Australian Agricultural's (ASX:AAC) Stock Price Has Reduced 20% In The Past Five Years
Dec 11Financial Position Analysis
Short Term Liabilities: AAC's short term assets (A$388.4M) exceed its short term liabilities (A$54.6M).
Long Term Liabilities: AAC's short term assets (A$388.4M) do not cover its long term liabilities (A$804.7M).
Debt to Equity History and Analysis
Debt Level: AAC's net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: AAC's debt to equity ratio has reduced from 45.7% to 28.8% over the past 5 years.
Debt Coverage: AAC's debt is not well covered by operating cash flow (2.5%).
Interest Coverage: Insufficient data to determine if AAC's interest payments on its debt are well covered by EBIT.