Aussie Broadband Balance Sheet Health
Financial Health criteria checks 6/6
Aussie Broadband has a total shareholder equity of A$439.9M and total debt of A$39.4M, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are A$738.8M and A$299.0M respectively. Aussie Broadband's EBIT is A$41.8M making its interest coverage ratio 4.3. It has cash and short-term investments of A$117.9M.
Key information
9.0%
Debt to equity ratio
AU$39.40m
Debt
Interest coverage ratio | 4.3x |
Cash | AU$117.89m |
Equity | AU$439.89m |
Total liabilities | AU$298.96m |
Total assets | AU$738.85m |
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 20Here's What Aussie Broadband Limited's (ASX:ABB) Shareholder Ownership Structure Looks Like
Jan 16Financial Position Analysis
Short Term Liabilities: ABB's short term assets (A$199.8M) exceed its short term liabilities (A$168.5M).
Long Term Liabilities: ABB's short term assets (A$199.8M) exceed its long term liabilities (A$130.4M).
Debt to Equity History and Analysis
Debt Level: ABB has more cash than its total debt.
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 (333.8%).
Interest Coverage: ABB's interest payments on its debt are well covered by EBIT (4.3x coverage).