Link Administration Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Link Administration Holdings has a total shareholder equity of A$311.0M and total debt of A$927.8M, which brings its debt-to-equity ratio to 298.4%. Its total assets and total liabilities are A$2.2B and A$1.9B respectively. Link Administration Holdings's EBIT is A$138.7M making its interest coverage ratio 1.6. It has cash and short-term investments of A$387.0M.
Key information
298.4%
Debt to equity ratio
AU$927.85m
Debt
Interest coverage ratio | 1.6x |
Cash | AU$387.00m |
Equity | AU$310.97m |
Total liabilities | AU$1.90b |
Total assets | AU$2.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1LK's short term assets (A$617.3M) do not cover its short term liabilities (A$715.1M).
Long Term Liabilities: 1LK's short term assets (A$617.3M) do not cover its long term liabilities (A$1.2B).
Debt to Equity History and Analysis
Debt Level: 1LK's net debt to equity ratio (173.9%) is considered high.
Reducing Debt: 1LK's debt to equity ratio has increased from 40.3% to 298.4% over the past 5 years.
Debt Coverage: 1LK's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: 1LK's interest payments on its debt are not well covered by EBIT (1.6x coverage).