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 ratio | 5x |
Cash | AU$214.13m |
Equity | AU$570.10m |
Total liabilities | AU$667.66m |
Total assets | AU$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 25Estimating The Fair Value Of Aussie Broadband Limited (ASX:ABB)
Feb 23Here's Why We Think Aussie Broadband (ASX:ABB) Might Deserve Your Attention Today
Sep 17Earnings Tell The Story For Aussie Broadband Limited (ASX:ABB) As Its Stock Soars 26%
Aug 28Investors Will Want Aussie Broadband's (ASX:ABB) Growth In ROCE To Persist
Mar 21We Believe Aussie Broadband's (ASX:ABB) Earnings Are A Poor Guide For Its Profitability
Feb 27Are Investors Undervaluing Aussie Broadband Limited (ASX:ABB) By 47%?
Nov 17Calculating The Fair Value Of Aussie Broadband Limited (ASX:ABB)
Mar 22MD & Executive Director Phillip Britt Just Sold A Bunch Of Shares In Aussie Broadband Limited (ASX:ABB)
Feb 24Breakeven On The Horizon For Aussie Broadband Limited (ASX:ABB)
Feb 20Financial 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).