Apiam Animal Health Financial Health
How is Apiam Animal Health's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
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 to Equity History and Analysis
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).