Stockland Balance Sheet Health
Financial Health criteria checks 2/6
Stockland has a total shareholder equity of A$10.1B and total debt of A$5.4B, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are A$17.5B and A$7.5B respectively. Stockland's EBIT is A$788.0M making its interest coverage ratio 8.5. It has cash and short-term investments of A$693.0M.
Key information
53.8%
Debt to equity ratio
AU$5.42b
Debt
Interest coverage ratio | 8.5x |
Cash | AU$693.00m |
Equity | AU$10.07b |
Total liabilities | AU$7.47b |
Total assets | AU$17.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LN1's short term assets (A$2.9B) exceed its short term liabilities (A$1.7B).
Long Term Liabilities: LN1's short term assets (A$2.9B) do not cover its long term liabilities (A$5.8B).
Debt to Equity History and Analysis
Debt Level: LN1's net debt to equity ratio (46.9%) is considered high.
Reducing Debt: LN1's debt to equity ratio has increased from 45.7% to 53.8% over the past 5 years.
Debt Coverage: LN1's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: LN1's interest payments on its debt are well covered by EBIT (8.5x coverage).