Cardno Balance Sheet Health
Financial Health criteria checks 6/6
Cardno has a total shareholder equity of A$7.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$9.3M and A$2.3M respectively. Cardno's EBIT is A$7.1M making its interest coverage ratio -9.5. It has cash and short-term investments of A$6.3M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -9.5x |
| Cash | AU$6.29m |
| Equity | AU$7.06m |
| Total liabilities | AU$2.28m |
| Total assets | AU$9.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DZ5's short term assets (A$8.8M) exceed its short term liabilities (A$1.8M).
Long Term Liabilities: DZ5's short term assets (A$8.8M) exceed its long term liabilities (A$451.0K).
Debt to Equity History and Analysis
Debt Level: DZ5 is debt free.
Reducing Debt: DZ5 has no debt compared to 5 years ago when its debt to equity ratio was 28.8%.
Debt Coverage: DZ5 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DZ5 has no debt, therefore coverage of interest payments is not a concern.