Audinate Group Balance Sheet Health
Financial Health criteria checks 6/6
Audinate Group has a total shareholder equity of A$170.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$189.5M and A$19.0M respectively. Audinate Group's EBIT is A$8.3M making its interest coverage ratio -2.1. It has cash and short-term investments of A$118.1M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -2.1x |
| Cash | AU$118.06m |
| Equity | AU$170.49m |
| Total liabilities | AU$18.99m |
| Total assets | AU$189.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AD8's short term assets (A$135.4M) exceed its short term liabilities (A$15.2M).
Long Term Liabilities: AD8's short term assets (A$135.4M) exceed its long term liabilities (A$3.7M).
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.