This company listing is no longer active
Good Drinks Australia Balance Sheet Health
Financial Health criteria checks 2/6
Good Drinks Australia has a total shareholder equity of A$61.7M and total debt of A$30.2M, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are A$132.3M and A$70.5M respectively. Good Drinks Australia's EBIT is A$3.7M making its interest coverage ratio 1.2. It has cash and short-term investments of A$7.5M.
Key information
48.9%
Debt to equity ratio
AU$30.22m
Debt
| Interest coverage ratio | 1.2x |
| Cash | AU$7.54m |
| Equity | AU$61.74m |
| Total liabilities | AU$70.54m |
| Total assets | AU$132.28m |
Recent financial health updates
Here's Why Good Drinks Australia (ASX:GDA) Has A Meaningful Debt Burden
Dec 19
Good Drinks Australia (ASX:GDA) Seems To Be Using A Lot Of Debt
Nov 02Is Good Drinks Australia (ASX:GDA) A Risky Investment?
Mar 17Recent updates
Here's Why Good Drinks Australia (ASX:GDA) Has A Meaningful Debt Burden
Dec 19Good Drinks Australia Limited's (ASX:GDA) Shares Climb 33% But Its Business Is Yet to Catch Up
Oct 24Benign Growth For Good Drinks Australia Limited (ASX:GDA) Underpins Its Share Price
Aug 08The Returns On Capital At Good Drinks Australia (ASX:GDA) Don't Inspire Confidence
May 24Here's Why Shareholders May Want To Be Cautious With Increasing Good Drinks Australia Limited's (ASX:GDA) CEO Pay Packet
Nov 16Good Drinks Australia (ASX:GDA) Seems To Be Using A Lot Of Debt
Nov 02Is There Now An Opportunity In Good Drinks Australia Limited (ASX:GDA)?
Jul 18Is Now The Time To Look At Buying Good Drinks Australia Limited (ASX:GDA)?
Mar 31Is Good Drinks Australia (ASX:GDA) A Risky Investment?
Mar 17Good Drinks Australia Ltd's (ASX:GDA) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Feb 24How Much Is Good Drinks Australia's (ASX:GDA) CEO Getting Paid?
Jan 27
Have Insiders Been Buying Good Drinks Australia Ltd (ASX:GDA) Shares?
Dec 23Gage Roads Brewing's(ASX:GRB) Share Price Is Down 29% Over The Past Year.
Nov 18Financial Position Analysis
Short Term Liabilities: GDA's short term assets (A$48.0M) do not cover its short term liabilities (A$50.3M).
Long Term Liabilities: GDA's short term assets (A$48.0M) exceed its long term liabilities (A$20.3M).
Debt to Equity History and Analysis
Debt Level: GDA's net debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: GDA's debt to equity ratio has increased from 0% to 48.9% over the past 5 years.
Debt Coverage: GDA's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: GDA's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 16:11 |
| End of Day Share Price | 2024/12/23 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
Good Drinks Australia Limited is covered by 6 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 |
|---|---|
| Russell Wright | APP Securities Pty Ltd. |
| Raju Ahmed | CCZ Equities Pty Limited |
| Oliver Stevens | Euroz Hartleys Securities Limited |