ARN Media Balance Sheet Health
Financial Health criteria checks 4/6
ARN Media has a total shareholder equity of A$316.4M and total debt of A$93.6M, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are A$636.3M and A$320.0M respectively. ARN Media's EBIT is A$36.1M making its interest coverage ratio 7.5. It has cash and short-term investments of A$18.9M.
Key information
29.6%
Debt to equity ratio
AU$93.58m
Debt
Interest coverage ratio | 7.5x |
Cash | AU$18.86m |
Equity | AU$316.37m |
Total liabilities | AU$319.96m |
Total assets | AU$636.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A1N's short term assets (A$102.4M) exceed its short term liabilities (A$55.4M).
Long Term Liabilities: A1N's short term assets (A$102.4M) do not cover its long term liabilities (A$264.5M).
Debt to Equity History and Analysis
Debt Level: A1N's net debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: A1N's debt to equity ratio has increased from 0% to 29.6% over the past 5 years.
Debt Coverage: A1N's debt is well covered by operating cash flow (22.1%).
Interest Coverage: A1N's interest payments on its debt are well covered by EBIT (7.5x coverage).