Finbar Group Balance Sheet Health
Financial Health criteria checks 3/6
Finbar Group has a total shareholder equity of A$256.5M and total debt of A$388.8M, which brings its debt-to-equity ratio to 151.6%. Its total assets and total liabilities are A$704.5M and A$448.0M respectively. Finbar Group's EBIT is A$22.4M making its interest coverage ratio 20.5. It has cash and short-term investments of A$220.1M.
Key information
151.6%
Debt to equity ratio
AU$388.77m
Debt
| Interest coverage ratio | 20.5x |
| Cash | AU$220.15m |
| Equity | AU$256.50m |
| Total liabilities | AU$448.04m |
| Total assets | AU$704.53m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRI's short term assets (A$547.0M) exceed its short term liabilities (A$398.9M).
Long Term Liabilities: FRI's short term assets (A$547.0M) exceed its long term liabilities (A$49.2M).
Debt to Equity History and Analysis
Debt Level: FRI's net debt to equity ratio (65.7%) is considered high.
Reducing Debt: FRI's debt to equity ratio has increased from 32% to 151.6% over the past 5 years.
Debt Coverage: FRI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FRI's interest payments on its debt are well covered by EBIT (20.5x coverage).