Aristocrat Leisure Balance Sheet Health
Financial Health criteria checks 6/6
Aristocrat Leisure has a total shareholder equity of A$6.7B and total debt of A$2.3B, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are A$10.9B and A$4.2B respectively. Aristocrat Leisure's EBIT is A$1.7B making its interest coverage ratio 41.6. It has cash and short-term investments of A$3.2B.
Key information
34.8%
Debt to equity ratio
AU$2.34b
Debt
Interest coverage ratio | 41.6x |
Cash | AU$3.19b |
Equity | AU$6.73b |
Total liabilities | AU$4.20b |
Total assets | AU$10.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AC8's short term assets (A$4.5B) exceed its short term liabilities (A$1.5B).
Long Term Liabilities: AC8's short term assets (A$4.5B) exceed its long term liabilities (A$2.7B).
Debt to Equity History and Analysis
Debt Level: AC8 has more cash than its total debt.
Reducing Debt: AC8's debt to equity ratio has reduced from 166.2% to 34.8% over the past 5 years.
Debt Coverage: AC8's debt is well covered by operating cash flow (76.8%).
Interest Coverage: AC8's interest payments on its debt are well covered by EBIT (41.6x coverage).