Autosports Group Balance Sheet Health
Financial Health criteria checks 3/6
Autosports Group has a total shareholder equity of A$492.8M and total debt of A$716.6M, which brings its debt-to-equity ratio to 145.4%. Its total assets and total liabilities are A$1.7B and A$1.2B respectively. Autosports Group's EBIT is A$158.8M making its interest coverage ratio 3.3. It has cash and short-term investments of A$26.6M.
Key information
145.4%
Debt to equity ratio
AU$716.62m
Debt
| Interest coverage ratio | 3.3x |
| Cash | AU$26.57m |
| Equity | AU$492.76m |
| Total liabilities | AU$1.19b |
| Total assets | AU$1.68b |
Recent financial health updates
Is Autosports Group (ASX:ASG) A Risky Investment?
Nov 03
Does Autosports Group (ASX:ASG) Have A Healthy Balance Sheet?
Feb 25Recent updates
Autosports Group's (ASX:ASG) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 23Autosports Group's (ASX:ASG) Dividend Will Be Increased To A$0.10
Aug 25Bullish: Analysts Just Made A Meaningful Upgrade To Their Autosports Group Limited (ASX:ASG) Forecasts
Aug 24We Take A Look At Why Autosports Group Limited's (ASX:ASG) CEO Has Earned Their Pay Packet
Nov 18Is Autosports Group (ASX:ASG) A Risky Investment?
Nov 03Autosports Group (ASX:ASG) Will Pay A Larger Dividend Than Last Year At A$0.09
Oct 15Autosports Group (ASX:ASG) Is Paying Out A Larger Dividend Than Last Year
Aug 26Investors Could Be Concerned With Autosports Group's (ASX:ASG) Returns On Capital
Jun 11Should You Investigate Autosports Group Limited (ASX:ASG) At AU$1.84?
Jan 27Estimating The Intrinsic Value Of Autosports Group Limited (ASX:ASG)
Dec 02Autosports Group (ASX:ASG) Is Reinvesting At Lower Rates Of Return
May 30Calculating The Fair Value Of Autosports Group Limited (ASX:ASG)
Apr 30Is It Too Late To Consider Buying Autosports Group Limited (ASX:ASG)?
Mar 22The Executive Director of Autosports Group Limited (ASX:ASG), James Pagent, Just Bought A Few More Shares
Mar 09Does Autosports Group (ASX:ASG) Have A Healthy Balance Sheet?
Feb 25How Does Autosports Group's (ASX:ASG) CEO Salary Compare to Peers?
Feb 03
Autosports Group Limited (ASX:ASG) Insiders Increased Their Holdings
Jan 06Autosports Group Limited (ASX:ASG) Shares Could Be 35% Above Their Intrinsic Value Estimate
Dec 16Is Autosports Group Limited's (ASX:ASG) Shareholder Ownership Skewed Towards Insiders?
Dec 01Is Autosports Group Limited's (ASX:ASG) Shareholder Ownership Skewed Towards Insiders?
Aug 21Are Investors Undervaluing Autosports Group Limited (ASX:ASG) By 34%?
Jul 28Returns On Capital At Autosports Group (ASX:ASG) Paint An Interesting Picture
Jul 02Financial Position Analysis
Short Term Liabilities: ASG's short term assets (A$598.9M) do not cover its short term liabilities (A$796.2M).
Long Term Liabilities: ASG's short term assets (A$598.9M) exceed its long term liabilities (A$392.3M).
Debt to Equity History and Analysis
Debt Level: ASG's net debt to equity ratio (140%) is considered high.
Reducing Debt: ASG's debt to equity ratio has increased from 97.4% to 145.4% over the past 5 years.
Debt Coverage: ASG's debt is well covered by operating cash flow (22%).
Interest Coverage: ASG's interest payments on its debt are well covered by EBIT (3.3x coverage).