ActivePort Group Balance Sheet Health
Financial Health criteria checks 3/6
ActivePort Group has a total shareholder equity of A$29.9M and total debt of A$3.9M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are A$40.0M and A$10.2M respectively. ActivePort Group's EBIT is A$1.9M making its interest coverage ratio 2.5. It has cash and short-term investments of A$3.0M.
Key information
13.0%
Debt to equity ratio
AU$3.90m
Debt
Interest coverage ratio | 2.5x |
Cash | AU$3.01m |
Equity | AU$29.87m |
Total liabilities | AU$10.16m |
Total assets | AU$40.03m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ATV's short term assets (A$11.1M) exceed its short term liabilities (A$9.1M).
Long Term Liabilities: ATV's short term assets (A$11.1M) exceed its long term liabilities (A$1.1M).
Debt to Equity History and Analysis
Debt Level: ATV's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if ATV's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ATV's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: ATV's interest payments on its debt are not well covered by EBIT (2.5x coverage).