Apiam Animal Health Financial Health

Short Term Liabilities: AHX's short term assets (A$35.9M) exceed its short term liabilities (A$28.8M).

Long Term Liabilities: AHX's short term assets (A$35.9M) do not cover its long term liabilities (A$61.6M).

Debt Level: AHX's net debt to equity ratio (36.1%) is considered satisfactory.

Reducing Debt: AHX's debt to equity ratio has reduced from 44.7% to 38.7% over the past 5 years.

Debt Coverage: AHX's debt is well covered by operating cash flow (35.7%).

Interest Coverage: AHX's interest payments on its debt are well covered by EBIT (6.1x coverage).

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