Autosports Group Balance Sheet Health
Financial Health criteria checks 1/6
Autosports Group has a total shareholder equity of A$493.7M and total debt of A$758.7M, which brings its debt-to-equity ratio to 153.7%. Its total assets and total liabilities are A$1.7B and A$1.2B respectively. Autosports Group's EBIT is A$145.7M making its interest coverage ratio 2.6. It has cash and short-term investments of A$48.6M.
Key information
153.7%
Debt to equity ratio
AU$758.68m
Debt
| Interest coverage ratio | 2.6x |
| Cash | AU$48.62m |
| Equity | AU$493.66m |
| Total liabilities | AU$1.23b |
| Total assets | AU$1.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASG's short term assets (A$651.7M) do not cover its short term liabilities (A$859.7M).
Long Term Liabilities: ASG's short term assets (A$651.7M) exceed its long term liabilities (A$375.0M).
Debt to Equity History and Analysis
Debt Level: ASG's net debt to equity ratio (143.8%) is considered high.
Reducing Debt: ASG's debt to equity ratio has increased from 96.5% to 153.7% over the past 5 years.
Debt Coverage: ASG's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: ASG's interest payments on its debt are not well covered by EBIT (2.6x coverage).