Comms Group Balance Sheet Health
Financial Health criteria checks 4/6
Comms Group has a total shareholder equity of A$31.8M and total debt of A$7.6M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are A$56.4M and A$24.7M respectively. Comms Group's EBIT is A$959.3K making its interest coverage ratio 1.1. It has cash and short-term investments of A$3.6M.
Key information
24.0%
Debt to equity ratio
AU$7.63m
Debt
| Interest coverage ratio | 1.1x |
| Cash | AU$3.58m |
| Equity | AU$31.77m |
| Total liabilities | AU$24.67m |
| Total assets | AU$56.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCG's short term assets (A$11.6M) do not cover its short term liabilities (A$17.1M).
Long Term Liabilities: CCG's short term assets (A$11.6M) exceed its long term liabilities (A$7.6M).
Debt to Equity History and Analysis
Debt Level: CCG's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: CCG's debt to equity ratio has increased from 0% to 24% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CCG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CCG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 58.7% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 22:51 |
| 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
Comms Group Limited is covered by 2 analysts. 0 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 |
|---|---|
| Luke MacNab | EL&C Baillieu |
| John Burgess | RaaS Advisory Pty Ltd |