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 25
Estimating 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 11:39 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Aussie Broadband Limited is covered by 14 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Aryan Norozi | Barrenjoey Markets Pty Limited |
| April Lowis | Barrenjoey Markets Pty Limited |
| Eric Choi | Barrenjoey Markets Pty Limited |