Transurban Group Balance Sheet Health
Financial Health criteria checks 1/6
Transurban Group has a total shareholder equity of A$14.3B and total debt of A$18.0B, which brings its debt-to-equity ratio to 126.5%. Its total assets and total liabilities are A$38.3B and A$24.0B respectively. Transurban Group's EBIT is A$897.0M making its interest coverage ratio 1.5. It has cash and short-term investments of A$1.7B.
Key information
126.5%
Debt to equity ratio
AU$18.04b
Debt
Interest coverage ratio | 1.5x |
Cash | AU$1.74b |
Equity | AU$14.25b |
Total liabilities | AU$24.02b |
Total assets | AU$38.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TU9's short term assets (A$2.1B) do not cover its short term liabilities (A$4.2B).
Long Term Liabilities: TU9's short term assets (A$2.1B) do not cover its long term liabilities (A$19.9B).
Debt to Equity History and Analysis
Debt Level: TU9's net debt to equity ratio (114.3%) is considered high.
Reducing Debt: TU9's debt to equity ratio has reduced from 216.4% to 126.5% over the past 5 years.
Debt Coverage: TU9's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: TU9's interest payments on its debt are not well covered by EBIT (1.5x coverage).