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Slater and Gordon Balance Sheet Health
Financial Health criteria checks 4/6
Slater and Gordon has a total shareholder equity of A$200.7M and total debt of A$111.8M, which brings its debt-to-equity ratio to 55.7%. Its total assets and total liabilities are A$469.3M and A$268.5M respectively. Slater and Gordon's EBIT is A$52.5M making its interest coverage ratio 3.8. It has cash and short-term investments of A$13.8M.
Key information
55.7%
Debt to equity ratio
AU$111.82m
Debt
Interest coverage ratio | 3.8x |
Cash | AU$13.80m |
Equity | AU$200.75m |
Total liabilities | AU$268.51m |
Total assets | AU$469.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OQH's short term assets (A$205.3M) exceed its short term liabilities (A$84.0M).
Long Term Liabilities: OQH's short term assets (A$205.3M) exceed its long term liabilities (A$184.5M).
Debt to Equity History and Analysis
Debt Level: OQH's net debt to equity ratio (48.8%) is considered high.
Reducing Debt: OQH's debt to equity ratio has reduced from 130.2% to 55.7% over the past 5 years.
Debt Coverage: OQH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: OQH's interest payments on its debt are well covered by EBIT (3.8x coverage).