ABL Group Balance Sheet Health
Financial Health criteria checks 5/6
ABL Group has a total shareholder equity of $104.5M and total debt of $14.6M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are $200.6M and $96.1M respectively. ABL Group's EBIT is $12.2M making its interest coverage ratio 6.6. It has cash and short-term investments of $22.5M.
Key information
14.0%
Debt to equity ratio
US$14.62m
Debt
| Interest coverage ratio | 6.6x |
| Cash | US$22.49m |
| Equity | US$104.49m |
| Total liabilities | US$96.14m |
| Total assets | US$200.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 26Q's short term assets ($117.0M) exceed its short term liabilities ($77.7M).
Long Term Liabilities: 26Q's short term assets ($117.0M) exceed its long term liabilities ($18.5M).
Debt to Equity History and Analysis
Debt Level: 26Q has more cash than its total debt.
Reducing Debt: 26Q's debt to equity ratio has increased from 0% to 14% over the past 5 years.
Debt Coverage: 26Q's debt is well covered by operating cash flow (72.9%).
Interest Coverage: 26Q's interest payments on its debt are well covered by EBIT (6.6x coverage).