Beacon Lighting Group Balance Sheet Health
Financial Health criteria checks 6/6
Beacon Lighting Group has a total shareholder equity of A$159.9M and total debt of A$27.0M, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are A$361.9M and A$201.9M respectively. Beacon Lighting Group's EBIT is A$51.2M making its interest coverage ratio 7. It has cash and short-term investments of A$26.4M.
Key information
16.9%
Debt to equity ratio
AU$27.02m
Debt
Interest coverage ratio | 7x |
Cash | AU$26.40m |
Equity | AU$159.95m |
Total liabilities | AU$201.91m |
Total assets | AU$361.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLX's short term assets (A$149.5M) exceed its short term liabilities (A$90.7M).
Long Term Liabilities: BLX's short term assets (A$149.5M) exceed its long term liabilities (A$111.2M).
Debt to Equity History and Analysis
Debt Level: BLX's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: BLX's debt to equity ratio has reduced from 39.6% to 16.9% over the past 5 years.
Debt Coverage: BLX's debt is well covered by operating cash flow (245.7%).
Interest Coverage: BLX's interest payments on its debt are well covered by EBIT (7x coverage).