Duratec Balance Sheet Health

Financial Health criteria checks 6/6

Duratec has a total shareholder equity of A$59.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$225.4M and A$166.3M respectively. Duratec's EBIT is A$26.3M making its interest coverage ratio -194.9. It has cash and short-term investments of A$65.2M.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ratio-194.9x
CashAU$65.22m
EquityAU$59.12m
Total liabilitiesAU$166.28m
Total assetsAU$225.40m

Recent financial health updates

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Recent updates

Financial Position Analysis

Short Term Liabilities: H2E's short term assets (A$161.3M) exceed its short term liabilities (A$140.6M).

Long Term Liabilities: H2E's short term assets (A$161.3M) exceed its long term liabilities (A$25.6M).


Debt to Equity History and Analysis

Debt Level: H2E is debt free.

Reducing Debt: H2E has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.

Debt Coverage: H2E has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: H2E has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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