Adore Beauty Group Balance Sheet Health
Financial Health criteria checks 6/6
Adore Beauty Group has a total shareholder equity of A$39.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$67.7M and A$28.0M respectively. Adore Beauty Group's EBIT is A$2.3M making its interest coverage ratio -4.3. It has cash and short-term investments of A$32.9M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -4.3x |
| Cash | AU$32.85m |
| Equity | AU$39.65m |
| Total liabilities | AU$28.02m |
| Total assets | AU$67.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABY's short term assets (A$58.5M) exceed its short term liabilities (A$26.5M).
Long Term Liabilities: ABY's short term assets (A$58.5M) exceed its long term liabilities (A$1.5M).
Debt to Equity History and Analysis
Debt Level: ABY is debt free.
Reducing Debt: ABY has no debt compared to 5 years ago when its debt to equity ratio was 83.8%.
Debt Coverage: ABY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ABY has no debt, therefore coverage of interest payments is not a concern.