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
No updates
Recent updates
Financial 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.