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 ration/a
CashAU$3.54m
EquityAU$10.45m
Total liabilitiesAU$8.14m
Total assetsAU$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 05
We Ran A Stock Scan For Earnings Growth And Axiom Properties (ASX:AXI) Passed With Ease

If You Like EPS Growth Then Check Out Axiom Properties (ASX:AXI) Before It's Too Late

Dec 13
If You Like EPS Growth Then Check Out Axiom Properties (ASX:AXI) Before It's Too Late

Here's Why I Think Axiom Properties (ASX:AXI) Might Deserve Your Attention Today

Aug 23
Here's Why I Think Axiom Properties (ASX:AXI) Might Deserve Your Attention Today

We Think Axiom Properties' (ASX:AXI) Statutory Profit Might Understate Its Earnings Potential

Feb 22
We Think Axiom Properties' (ASX:AXI) Statutory Profit Might Understate Its Earnings Potential

What We Learned About Axiom Properties' (ASX:AXI) CEO Compensation

Feb 01
What We Learned About Axiom Properties' (ASX:AXI) CEO Compensation

Axiom Properties Limited's (ASX:AXI) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Dec 11
Axiom Properties Limited's (ASX:AXI) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Financial 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.


Balance Sheet


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