ASX Balance Sheet Health
Financial Health criteria checks 4/6
ASX has a total shareholder equity of A$3.7B and total debt of A$276.4M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are A$16.9B and A$13.2B respectively. ASX's EBIT is A$1.1B making its interest coverage ratio 2.5. It has cash and short-term investments of A$2.2B.
Key information
7.4%
Debt to equity ratio
AU$276.40m
Debt
| Interest coverage ratio | 2.5x |
| Cash | AU$2.25b |
| Equity | AU$3.72b |
| Total liabilities | AU$13.16b |
| Total assets | AU$16.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUX1's short term assets (A$14.1B) exceed its short term liabilities (A$12.6B).
Long Term Liabilities: AUX1's short term assets (A$14.1B) exceed its long term liabilities (A$592.7M).
Debt to Equity History and Analysis
Debt Level: AUX1 has more cash than its total debt.
Reducing Debt: AUX1's debt to equity ratio has increased from 0% to 7.4% over the past 5 years.
Debt Coverage: AUX1's debt is well covered by operating cash flow (173.8%).
Interest Coverage: AUX1's interest payments on its debt are not well covered by EBIT (2.5x coverage).