Axiom Properties Balance Sheet Health
Financial Health criteria checks 3/6
Axiom Properties has a total shareholder equity of A$10.5M and total debt of A$5.4M, which brings its debt-to-equity ratio to 51.2%. Its total assets and total liabilities are A$18.6M and A$8.1M respectively.
Key information
51.2%
Debt to equity ratio
AU$5.35m
Debt
Interest coverage ratio | n/a |
Cash | AU$3.54m |
Equity | AU$10.45m |
Total liabilities | AU$8.14m |
Total assets | AU$18.59m |
Recent financial health updates
No updates
Recent updates
We Ran A Stock Scan For Earnings Growth And Axiom Properties (ASX:AXI) Passed With Ease
Jul 05If You Like EPS Growth Then Check Out Axiom Properties (ASX:AXI) Before It's Too Late
Dec 13Here's Why I Think Axiom Properties (ASX:AXI) Might Deserve Your Attention Today
Aug 23We Think Axiom Properties' (ASX:AXI) Statutory Profit Might Understate Its Earnings Potential
Feb 22What We Learned About Axiom Properties' (ASX:AXI) CEO Compensation
Feb 01Axiom Properties Limited's (ASX:AXI) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Dec 11Financial Position Analysis
Short Term Liabilities: AXI's short term assets (A$8.1M) exceed its short term liabilities (A$7.2M).
Long Term Liabilities: AXI's short term assets (A$8.1M) exceed its long term liabilities (A$938.0K).
Debt to Equity History and Analysis
Debt Level: AXI's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: AXI's debt to equity ratio has increased from 0% to 51.2% over the past 5 years.
Debt Coverage: AXI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AXI's interest payments on its debt are well covered by EBIT.