Austco Healthcare Balance Sheet Health
Financial Health criteria checks 5/6
Austco Healthcare has a total shareholder equity of A$26.5M and total debt of A$1.2M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are A$43.1M and A$16.6M respectively. Austco Healthcare's EBIT is A$1.7M making its interest coverage ratio 61.7. It has cash and short-term investments of A$5.0M.
Key information
4.6%
Debt to equity ratio
AU$1.21m
Debt
| Interest coverage ratio | 61.7x |
| Cash | AU$4.97m |
| Equity | AU$26.47m |
| Total liabilities | AU$16.63m |
| Total assets | AU$43.10m |
Recent financial health updates
No updates
Recent updates
Austco Healthcare (ASX:AHC) Could Be Struggling To Allocate Capital
Jan 05
Shareholders May Not Be So Generous With Austco Healthcare Limited's (ASX:AHC) CEO Compensation And Here's Why
Oct 25Investors Will Want Austco Healthcare's (ASX:AHC) Growth In ROCE To Persist
Nov 24Returns Are Gaining Momentum At Austco Healthcare (ASX:AHC)
Aug 23With EPS Growth And More, Austco Healthcare (ASX:AHC) Makes An Interesting Case
Jul 01There's Been No Shortage Of Growth Recently For Austco Healthcare's (ASX:AHC) Returns On Capital
Apr 12Investors Will Want Austco Healthcare's (ASX:AHC) Growth In ROCE To Persist
Dec 01Returns On Capital Are Showing Encouraging Signs At Austco Healthcare (ASX:AHC)
Jul 07Here's Why I Think Austco Healthcare (ASX:AHC) Might Deserve Your Attention Today
Apr 29Can Austco Healthcare (ASX:AHC) Continue To Grow Its Returns On Capital?
Mar 16Will Weakness in Austco Healthcare Limited's (ASX:AHC) Stock Prove Temporary Given Strong Fundamentals?
Feb 18
Does Austco Healthcare (ASX:AHC) Deserve A Spot On Your Watchlist?
Jan 29A Quick Analysis On Austco Healthcare's (ASX:AZV) CEO Salary
Jan 11Are Austco Healthcare's (ASX:AHC) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 25Returns On Capital - An Important Metric For Austco Healthcare (ASX:AHC)
Dec 07Are Robust Financials Driving The Recent Rally In Azure Healthcare Limited's (ASX:AZV) Stock?
Nov 20Financial Position Analysis
Short Term Liabilities: AHC's short term assets (A$30.8M) exceed its short term liabilities (A$14.2M).
Long Term Liabilities: AHC's short term assets (A$30.8M) exceed its long term liabilities (A$2.4M).
Debt to Equity History and Analysis
Debt Level: AHC has more cash than its total debt.
Reducing Debt: AHC's debt to equity ratio has increased from 4.3% to 4.6% over the past 5 years.
Debt Coverage: AHC's debt is well covered by operating cash flow (81.3%).
Interest Coverage: AHC's interest payments on its debt are well covered by EBIT (61.7x coverage).