Australian Unity Office Fund Balance Sheet Health
Financial Health criteria checks 6/6
Australian Unity Office Fund has a total shareholder equity of A$282.6M and total debt of A$5.0M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are A$292.9M and A$10.3M respectively. Australian Unity Office Fund's EBIT is A$9.1M making its interest coverage ratio 3.6. It has cash and short-term investments of A$4.2M.
Key information
1.8%
Debt to equity ratio
AU$5.00m
Debt
Interest coverage ratio | 3.6x |
Cash | AU$4.18m |
Equity | AU$282.63m |
Total liabilities | AU$10.28m |
Total assets | AU$292.91m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AOF's short term assets (A$37.9M) exceed its short term liabilities (A$5.3M).
Long Term Liabilities: AOF's short term assets (A$37.9M) exceed its long term liabilities (A$5.0M).
Debt to Equity History and Analysis
Debt Level: AOF's net debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: AOF's debt to equity ratio has reduced from 46.3% to 1.8% over the past 5 years.
Debt Coverage: AOF's debt is well covered by operating cash flow (191.2%).
Interest Coverage: AOF's interest payments on its debt are well covered by EBIT (3.6x coverage).