Atlas Arteria Balance Sheet Health
Financial Health criteria checks 3/6
Atlas Arteria has a total shareholder equity of A$6.2B and total debt of A$1.7B, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are A$8.0B and A$1.8B respectively.
Key information
27.2%
Debt to equity ratio
AU$1.70b
Debt
Interest coverage ratio | n/a |
Cash | AU$305.30m |
Equity | AU$6.24b |
Total liabilities | AU$1.81b |
Total assets | AU$8.04b |
Recent financial health updates
Is Atlas Arteria (ASX:ALX) Using Too Much Debt?
May 31Here's Why Atlas Arteria (ASX:ALX) Can Afford Some Debt
Feb 27Recent updates
Is Now An Opportune Moment To Examine Atlas Arteria Limited (ASX:ALX)?
Apr 07What Does Atlas Arteria Limited's (ASX:ALX) Share Price Indicate?
Dec 22Is There An Opportunity With Atlas Arteria Limited's (ASX:ALX) 43% Undervaluation?
Aug 10Is Atlas Arteria (ASX:ALX) Using Too Much Debt?
May 31Is There An Opportunity With Atlas Arteria Limited's (ASX:ALX) 48% Undervaluation?
Apr 14Debra Goodin Is The Independent Chairman of the Board of Atlas Arteria Limited (ASX:ALX) And They Just Picked Up 54% More Shares
Mar 03Here's Why Atlas Arteria (ASX:ALX) Can Afford Some Debt
Feb 27Atlas Arteria (ASX:ALX) Has Compensated Shareholders With A Respectable 78% Return On Their Investment
Jan 31Atlas Arteria Limited (ASX:ALX) Shares Could Be 44% Below Their Intrinsic Value Estimate
Dec 27How Many Atlas Arteria Limited (ASX:ALX) Shares Do Institutions Own?
Dec 06Is There Now An Opportunity In Atlas Arteria Limited (ASX:ALX)?
Nov 19Atlas Arteria (ASX:ALX) Has Gifted Shareholders With A Fantastic 142% Total Return On Their Investment
Jul 30Financial Position Analysis
Short Term Liabilities: ALX's short term assets (A$345.1M) exceed its short term liabilities (A$118.8M).
Long Term Liabilities: ALX's short term assets (A$345.1M) do not cover its long term liabilities (A$1.7B).
Debt to Equity History and Analysis
Debt Level: ALX's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: ALX's debt to equity ratio has reduced from 94.3% to 27.2% over the past 5 years.
Debt Coverage: ALX's debt is not well covered by operating cash flow (5%).
Interest Coverage: Insufficient data to determine if ALX's interest payments on its debt are well covered by EBIT.