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
No updates
Recent updates
Financial 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).