AMP Balance Sheet Health
Financial Health criteria checks 0/6
AMP has a total shareholder equity of A$3.7B and total debt of A$27.3B, which brings its debt-to-equity ratio to 733.3%. Its total assets and total liabilities are A$32.3B and A$28.6B respectively. AMP's EBIT is A$1.5B making its interest coverage ratio 1.2. It has cash and short-term investments of A$1.9B.
Key information
733.3%
Debt to equity ratio
AU$27.27b
Debt
| Interest coverage ratio | 1.2x |
| Cash | AU$1.88b |
| Equity | AU$3.72b |
| Total liabilities | AU$28.61b |
| Total assets | AU$32.33b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMP's short term assets (A$2.5B) do not cover its short term liabilities (A$22.7B).
Long Term Liabilities: AMP's short term assets (A$2.5B) do not cover its long term liabilities (A$5.9B).
Debt to Equity History and Analysis
Debt Level: AMP's net debt to equity ratio (682.7%) is considered high.
Reducing Debt: AMP's debt to equity ratio has increased from 501.5% to 733.3% over the past 5 years.
Debt Coverage: AMP's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: AMP's interest payments on its debt are not well covered by EBIT (1.2x coverage).