Aussie Broadband Balance Sheet Health

Financial Health criteria checks 5/6

Aussie Broadband has a total shareholder equity of A$570.1M and total debt of A$297.2M, which brings its debt-to-equity ratio to 52.1%. Its total assets and total liabilities are A$1.2B and A$667.7M respectively. Aussie Broadband's EBIT is A$59.6M making its interest coverage ratio 5. It has cash and short-term investments of A$214.1M.

Key information

52.1%

Debt to equity ratio

AU$297.17m

Debt

Interest coverage ratio5x
CashAU$214.13m
EquityAU$570.10m
Total liabilitiesAU$667.66m
Total assetsAU$1.24b

Recent financial health updates

No updates

Recent updates

Analysts Have Made A Financial Statement On Aussie Broadband Limited's (ASX:ABB) Half-Yearly Report

Feb 25
Analysts Have Made A Financial Statement On Aussie Broadband Limited's (ASX:ABB) Half-Yearly Report

Estimating The Fair Value Of Aussie Broadband Limited (ASX:ABB)

Feb 23
Estimating The Fair Value Of Aussie Broadband Limited (ASX:ABB)

Here's Why We Think Aussie Broadband (ASX:ABB) Might Deserve Your Attention Today

Sep 17
Here's Why We Think Aussie Broadband (ASX:ABB) Might Deserve Your Attention Today

Earnings Tell The Story For Aussie Broadband Limited (ASX:ABB) As Its Stock Soars 26%

Aug 28
Earnings Tell The Story For Aussie Broadband Limited (ASX:ABB) As Its Stock Soars 26%

Investors Will Want Aussie Broadband's (ASX:ABB) Growth In ROCE To Persist

Mar 21
Investors Will Want Aussie Broadband's (ASX:ABB) Growth In ROCE To Persist

We Believe Aussie Broadband's (ASX:ABB) Earnings Are A Poor Guide For Its Profitability

Feb 27
We Believe Aussie Broadband's (ASX:ABB) Earnings Are A Poor Guide For Its Profitability

Are Investors Undervaluing Aussie Broadband Limited (ASX:ABB) By 47%?

Nov 17
Are Investors Undervaluing Aussie Broadband Limited (ASX:ABB) By 47%?

Calculating The Fair Value Of Aussie Broadband Limited (ASX:ABB)

Mar 22
Calculating The Fair Value Of Aussie Broadband Limited (ASX:ABB)

MD & Executive Director Phillip Britt Just Sold A Bunch Of Shares In Aussie Broadband Limited (ASX:ABB)

Feb 24
MD & Executive Director Phillip Britt Just Sold A Bunch Of Shares In Aussie Broadband Limited (ASX:ABB)

Breakeven On The Horizon For Aussie Broadband Limited (ASX:ABB)

Feb 20
Breakeven On The Horizon For Aussie Broadband Limited (ASX:ABB)

Financial Position Analysis

Short Term Liabilities: ABB's short term assets (A$342.9M) exceed its short term liabilities (A$265.9M).

Long Term Liabilities: ABB's short term assets (A$342.9M) do not cover its long term liabilities (A$401.8M).


Debt to Equity History and Analysis

Debt Level: ABB's net debt to equity ratio (14.6%) is considered satisfactory.

Reducing Debt: ABB had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: ABB's debt is well covered by operating cash flow (40.5%).

Interest Coverage: ABB's interest payments on its debt are well covered by EBIT (5x coverage).


Balance Sheet


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