Apiam Animal Health Balance Sheet Health
Financial Health criteria checks 2/6
Apiam Animal Health has a total shareholder equity of A$121.4M and total debt of A$70.3M, which brings its debt-to-equity ratio to 57.9%. Its total assets and total liabilities are A$261.4M and A$140.0M respectively. Apiam Animal Health's EBIT is A$8.3M making its interest coverage ratio 1.7. It has cash and short-term investments of A$2.6M.
Key information
57.9%
Debt to equity ratio
AU$70.26m
Debt
| Interest coverage ratio | 1.7x |
| Cash | AU$2.60m |
| Equity | AU$121.35m |
| Total liabilities | AU$140.02m |
| Total assets | AU$261.37m |
Recent financial health updates
These 4 Measures Indicate That Apiam Animal Health (ASX:AHX) Is Using Debt Extensively
Oct 12
Does Apiam Animal Health (ASX:AHX) Have A Healthy Balance Sheet?
Dec 28Recent updates
Subdued Growth No Barrier To Apiam Animal Health Limited (ASX:AHX) With Shares Advancing 30%
Feb 24These 4 Measures Indicate That Apiam Animal Health (ASX:AHX) Is Using Debt Extensively
Oct 12Apiam Animal Health (ASX:AHX) Has Announced That Its Dividend Will Be Reduced To A$0.004
Sep 02Apiam Animal Health (ASX:AHX) Has Re-Affirmed Its Dividend Of AU$0.012
Feb 28Here's Why We Think Apiam Animal Health Limited's (ASX:AHX) CEO Compensation Looks Fair for the time being
Nov 18Apiam Animal Health (ASX:AHX) Has Announced A Dividend Of AU$0.012
Sep 15Apiam Animal Health (ASX:AHX) Has Re-Affirmed Its Dividend Of AU$0.012
Sep 01A Look At The Fair Value Of Apiam Animal Health Limited (ASX:AHX)
Jun 10With EPS Growth And More, Apiam Animal Health (ASX:AHX) Is Interesting
Apr 16Only Four Days Left To Cash In On Apiam Animal Health's (ASX:AHX) Dividend
Mar 14Apiam Animal Health Limited's (ASX:AHX) Intrinsic Value Is Potentially 43% Above Its Share Price
Mar 12Should You Or Shouldn't You: A Dividend Analysis on Apiam Animal Health Limited (ASX:AHX)
Feb 25How Is Apiam Animal Health's (ASX:AHX) CEO Compensated?
Feb 08
Should Weakness in Apiam Animal Health Limited's (ASX:AHX) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Jan 18Does Apiam Animal Health (ASX:AHX) Have A Healthy Balance Sheet?
Dec 28Apiam Animal Health Limited's (ASX:AHX) Intrinsic Value Is Potentially 91% Above Its Share Price
Dec 11Is Apiam Animal Health Limited (ASX:AHX) The Right Choice For A Smart Dividend Investor?
Nov 24Financial Position Analysis
Short Term Liabilities: AHX's short term assets (A$38.6M) exceed its short term liabilities (A$35.2M).
Long Term Liabilities: AHX's short term assets (A$38.6M) do not cover its long term liabilities (A$104.8M).
Debt to Equity History and Analysis
Debt Level: AHX's net debt to equity ratio (55.8%) is considered high.
Reducing Debt: AHX's debt to equity ratio has increased from 43.6% to 57.9% over the past 5 years.
Debt Coverage: AHX's debt is well covered by operating cash flow (25.8%).
Interest Coverage: AHX's interest payments on its debt are not well covered by EBIT (1.7x coverage).