Abacus Property Group Financial Health
How is Abacus Property Group's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ABP's short term assets (A$248.1M) exceed its short term liabilities (A$138.0M).
Long Term Liabilities: ABP's short term assets (A$248.1M) do not cover its long term liabilities (A$1.8B).
Debt to Equity History and Analysis
Debt Level: ABP's net debt to equity ratio (43.8%) is considered high.
Reducing Debt: ABP's debt to equity ratio has increased from 30.3% to 48.8% over the past 5 years.
Debt Coverage: ABP's debt is not well covered by operating cash flow (9.3%).
Interest Coverage: ABP's interest payments on its debt are well covered by EBIT (5.7x coverage).