Acrow Balance Sheet Health
Financial Health criteria checks 3/6
Acrow has a total shareholder equity of A$124.2M and total debt of A$70.1M, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are A$278.7M and A$154.5M respectively. Acrow's EBIT is A$31.0M making its interest coverage ratio 5.6. It has cash and short-term investments of A$6.7M.
Key information
56.4%
Debt to equity ratio
AU$70.07m
Debt
Interest coverage ratio | 5.6x |
Cash | AU$6.70m |
Equity | AU$124.16m |
Total liabilities | AU$154.52m |
Total assets | AU$278.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 59Y's short term assets (A$67.9M) exceed its short term liabilities (A$61.9M).
Long Term Liabilities: 59Y's short term assets (A$67.9M) do not cover its long term liabilities (A$92.6M).
Debt to Equity History and Analysis
Debt Level: 59Y's net debt to equity ratio (51%) is considered high.
Reducing Debt: 59Y's debt to equity ratio has increased from 15.1% to 56.4% over the past 5 years.
Debt Coverage: 59Y's debt is well covered by operating cash flow (51.8%).
Interest Coverage: 59Y's interest payments on its debt are well covered by EBIT (5.6x coverage).