A2B Australia Balance Sheet Health
Financial Health criteria checks 4/6
A2B Australia has a total shareholder equity of A$85.6M and total debt of A$13.6M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are A$217.7M and A$132.0M respectively. A2B Australia's EBIT is A$16.0M making its interest coverage ratio 7.1. It has cash and short-term investments of A$95.8M.
Key information
15.8%
Debt to equity ratio
AU$13.56m
Debt
| Interest coverage ratio | 7.1x |
| Cash | AU$95.81m |
| Equity | AU$85.64m |
| Total liabilities | AU$132.02m |
| Total assets | AU$217.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A2B's short term assets (A$142.3M) exceed its short term liabilities (A$110.3M).
Long Term Liabilities: A2B's short term assets (A$142.3M) exceed its long term liabilities (A$21.7M).
Debt to Equity History and Analysis
Debt Level: A2B has more cash than its total debt.
Reducing Debt: A2B's debt to equity ratio has increased from 1.7% to 15.8% over the past 5 years.
Debt Coverage: A2B's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: A2B's interest payments on its debt are well covered by EBIT (7.1x coverage).