Australian Unity Office Fund Balance Sheet Health
Financial Health criteria checks 6/6
Australian Unity Office Fund has a total shareholder equity of A$229.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$253.0M and A$23.7M respectively. Australian Unity Office Fund's EBIT is A$14.1M making its interest coverage ratio 14.8. It has cash and short-term investments of A$25.2M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 14.8x |
| Cash | AU$25.20m |
| Equity | AU$229.23m |
| Total liabilities | AU$23.74m |
| Total assets | AU$252.97m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AOF's short term assets (A$189.7M) exceed its short term liabilities (A$23.7M).
Long Term Liabilities: AOF has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AOF is debt free.
Reducing Debt: AOF has no debt compared to 5 years ago when its debt to equity ratio was 46.3%.
Debt Coverage: AOF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AOF has no debt, therefore coverage of interest payments is not a concern.