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

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

Recent 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.

Australian Unity Office Fund Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Australian Unity Office Fund Announces Estimate Distribution for the Period 1 July 2024 to 30 September 2024, Payable on 25 October 2024

Fourth quarter dividend of AU$0.004 announced

Full year 2024 earnings released: AU$0.37 loss per share (vs AU$0.027 loss in FY 2023)

Australian Unity Office Fund Announces the Final Distribution for the Period Ended 30 June 2024, Payable on 25 July 2024

Dividend of AU$0.097 announced

Australian Unity Office Fund Announces the Estimated Distribution for the Period 1 April 2024 to 30 June 2024, Payable on 25 July 2024

An undisclosed buyer entered into an unconditional contract to acquire 150 Charlotte Street, Brisbane from Australian Unity Office Fund (ASX:AOF) for AUD 64.5 million.

Dividend of AU$0.015 announced

New major risk - Revenue and earnings growth

Australian Unity Office Fund to Report First Half, 2024 Results on Feb 23, 2024

Upcoming dividend of AU$0.015 per share at 9.8% yield

Australian Unity Office Fund Announces the Estimated Distribution for the Period 1 October 2023 to 31 December 2023, Payable on 31 January 2024

New minor risk - Market cap size

Australian Unity Office Fund Announces Final Distribution for the Period 1 July 2023 to 30 September 2023, Payable on 26 October 2023

Australian Unity Office Fund Announces Estimated Distribution 1 July 2023 to 30 September 2023, Payable on 26 October 2023

Australian Unity Office Fund Provides Distribution Guidance for the Fourth Quarter Ended September 2023

Full year 2023 earnings released

Australian Unity Office Fund Announces Special Distribution

Australian Unity Office Fund to Report Fiscal Year 2023 Results on Aug 28, 2023

Australian Unity Office Fund Declares Special Dividend for the Period from 1 April 2023 to 30 June 2023, Payable on 27 July 2023

Upcoming dividend of AU$0.25 per share at 10.0% yield

Australian Unity Office Fund Announces Estimate Distribution for the Period 1 April 2023 to 30 June 2023, Payable on 27 July 2023

First half 2023 earnings released: EPS: AU$0.006 (vs AU$0.042 in 1H 2022)

An unknown buyer completed the acquisition of 2 Eden Park Drive, Macquarie Park from Australian Unity Office Fund (ASX:AOF).

Australian Unity Office Fund Announces Final Distribution for the Period 1 October 2022 to 31 December 2022, Payable 27 January 2023

Upcoming dividend of AU$0.025 per share

Australian Unity Office Fund Announces Estimated Distribution for the Period 1 October 2022 to 31 December 2022, Payable on 27 January 2023

Australian Unity Office Fund Announces Dividend for the Period Ending September 30, 2022, Payable on October 27, 2022

Australian Unity Office Fund Announces Distribution Guidance for the September 2022 Quarter

Full year 2022 earnings released

Australian Unity Office Fund to Report Q4, 2022 Results on Aug 29, 2022

Investor sentiment deteriorated over the past week

Australian Unity Investment Real Estate Limited as Responsible Entity of Australian Unity Office Fund Announces Final Distribution for the Period 1 April 2022 to 30 June 2022, to Be Paid on 28 July 2022

Australian Unity Buyout Fails After Bid Lowered

Australian Unity Office Fund Announces Estimated Distribution for 1 April 2022 to 30 June 2022, Payment Date Is 28 July 2022

First half 2022 earnings: EPS in line with expectations, revenues disappoint

Australian Unity Office Fund Reaffirms Distribution Guidance for the Fiscal Year 2022

Australian Unity Office Fund Reportedly Eyes Asset Sales

Australian Unity Office Fund Announces Actual Distribution for the Period Ended 31 December 2021, Payable on 28 January 2021

Now 21% undervalued after recent price drop

An unknown buyer entered into an unconditional agreement to acquire 32 Phillip Street, Parramatta from Australian Unity Office Fund (ASX:AOF) for AUD 66 million.

Full year 2021 earnings released: EPS AU$0.14 (vs AU$0.081 in FY 2020)

Australian Unity Office Fund Provides Earnings Guidance for the Year Ending June 30, 2022

CHAB Office Trust completed the acquisition of the Leasehold Asset at 241 Adelaide Street, Brisbane from Australian Unity Office Fund (ASX:AOF)

Australian Unity Office Fund (ASX:AOF) agreed to acquire Greengate Partnership Pty Ltd for approximately AUD 65 million.

CHAB Office Trust entered into conditional contracts to acquire the Leasehold Asset at 241 Adelaide Street, Brisbane from Australian Unity Office Fund (ASX:AOF) for AUD 31.5 million.

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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