Australian Agricultural Projects Balance Sheet Health
Financial Health criteria checks 2/6
Australian Agricultural Projects has a total shareholder equity of A$12.7M and total debt of A$6.8M, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are A$22.4M and A$9.7M respectively. Australian Agricultural Projects's EBIT is A$1.4M making its interest coverage ratio 2.7. It has cash and short-term investments of A$458.1K.
Key information
53.5%
Debt to equity ratio
AU$6.77m
Debt
| Interest coverage ratio | 2.7x |
| Cash | AU$458.12k |
| Equity | AU$12.66m |
| Total liabilities | AU$9.72m |
| Total assets | AU$22.38m |
Recent financial health updates
Does Australian Agricultural Projects (ASX:AAP) Have A Healthy Balance Sheet?
Nov 14
We Think Australian Agricultural Projects (ASX:AAP) Is Taking Some Risk With Its Debt
Apr 26Australian Agricultural Projects (ASX:AAP) Seems To Be Using A Lot Of Debt
Sep 05Here's Why Australian Agricultural Projects (ASX:AAP) Is Weighed Down By Its Debt Load
May 23Does Australian Agricultural Projects (ASX:AAP) Have A Healthy Balance Sheet?
Apr 03Here's Why Australian Agricultural Projects (ASX:AAP) Has A Meaningful Debt Burden
Sep 03Recent updates
Should You Be Adding Australian Agricultural Projects (ASX:AAP) To Your Watchlist Today?
Dec 24Australian Agricultural Projects Ltd (ASX:AAP) Held Back By Insufficient Growth Even After Shares Climb 30%
Dec 04Does Australian Agricultural Projects (ASX:AAP) Have A Healthy Balance Sheet?
Nov 14Earnings Working Against Australian Agricultural Projects Ltd's (ASX:AAP) Share Price
Oct 16Australian Agricultural Projects Ltd (ASX:AAP) Not Doing Enough For Some Investors As Its Shares Slump 35%
Sep 01Do Australian Agricultural Projects' (ASX:AAP) Earnings Warrant Your Attention?
Aug 16Australian Agricultural Projects (ASX:AAP) Is Looking To Continue Growing Its Returns On Capital
May 31We Think Australian Agricultural Projects (ASX:AAP) Is Taking Some Risk With Its Debt
Apr 26Australian Agricultural Projects (ASX:AAP) Might Have The Makings Of A Multi-Bagger
Dec 14Australian Agricultural Projects (ASX:AAP) Seems To Be Using A Lot Of Debt
Sep 05Here's Why Australian Agricultural Projects (ASX:AAP) Is Weighed Down By Its Debt Load
May 23Does Australian Agricultural Projects (ASX:AAP) Have A Healthy Balance Sheet?
Apr 03Slowing Rates Of Return At Australian Agricultural Projects (ASX:AAP) Leave Little Room For Excitement
Feb 09Returns On Capital At Australian Agricultural Projects (ASX:AAP) Have Hit The Brakes
Nov 04Here's Why Australian Agricultural Projects (ASX:AAP) Has A Meaningful Debt Burden
Sep 03How Much Is Australian Agricultural Projects Ltd (ASX:AAP) Paying Its CEO?
Feb 28Insider Buying: The Australian Agricultural Projects Ltd (ASX:AAP) Non Executive Director Just Bought 37% More Shares
Jan 07Does Australian Agricultural Projects (ASX:AAP) Have A Healthy Balance Sheet?
Dec 24Financial Position Analysis
Short Term Liabilities: AAP's short term assets (A$5.4M) exceed its short term liabilities (A$3.5M).
Long Term Liabilities: AAP's short term assets (A$5.4M) do not cover its long term liabilities (A$6.2M).
Debt to Equity History and Analysis
Debt Level: AAP's net debt to equity ratio (49.8%) is considered high.
Reducing Debt: AAP's debt to equity ratio has reduced from 127.4% to 53.5% over the past 5 years.
Debt Coverage: AAP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AAP's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 07:33 |
| End of Day Share Price | 2025/01/28 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Australian Agricultural Projects Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|