ABL Group Balance Sheet Health
Financial Health criteria checks 5/6
ABL Group has a total shareholder equity of $101.1M and total debt of $10.9M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are $180.5M and $79.5M respectively. ABL Group's EBIT is $17.3M making its interest coverage ratio 15.3. It has cash and short-term investments of $29.8M.
Key information
10.8%
Debt to equity ratio
US$10.95m
Debt
Interest coverage ratio | 15.3x |
Cash | US$29.83m |
Equity | US$101.06m |
Total liabilities | US$79.46m |
Total assets | US$180.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 26Q's short term assets ($107.7M) exceed its short term liabilities ($60.5M).
Long Term Liabilities: 26Q's short term assets ($107.7M) exceed its long term liabilities ($19.0M).
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 10.8% over the past 5 years.
Debt Coverage: 26Q's debt is well covered by operating cash flow (105.5%).
Interest Coverage: 26Q's interest payments on its debt are well covered by EBIT (15.3x coverage).