Audinate Group Balance Sheet Health
Financial Health criteria checks 6/6
Audinate Group has a total shareholder equity of A$166.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$181.0M and A$15.0M respectively. Audinate Group's EBIT is A$5.5M making its interest coverage ratio -2.6. It has cash and short-term investments of A$111.7M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -2.6x |
Cash | AU$111.67m |
Equity | AU$165.97m |
Total liabilities | AU$15.01m |
Total assets | AU$180.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AD8's short term assets (A$128.8M) exceed its short term liabilities (A$12.9M).
Long Term Liabilities: AD8's short term assets (A$128.8M) exceed its long term liabilities (A$2.1M).
Debt to Equity History and Analysis
Debt Level: AD8 is debt free.
Reducing Debt: AD8 has not had any debt for past 5 years.
Debt Coverage: AD8 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AD8 has no debt, therefore coverage of interest payments is not a concern.