Transurban Group Balance Sheet Health
Financial Health criteria checks 1/6
Transurban Group has a total shareholder equity of A$12.5B and total debt of A$18.6B, which brings its debt-to-equity ratio to 149.2%. Its total assets and total liabilities are A$36.3B and A$23.8B respectively. Transurban Group's EBIT is A$1.1B making its interest coverage ratio 2.1. It has cash and short-term investments of A$1.8B.
Key information
149.2%
Debt to equity ratio
AU$18.63b
Debt
Interest coverage ratio | 2.1x |
Cash | AU$1.76b |
Equity | AU$12.49b |
Total liabilities | AU$23.81b |
Total assets | AU$36.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TU9's short term assets (A$2.2B) do not cover its short term liabilities (A$4.1B).
Long Term Liabilities: TU9's short term assets (A$2.2B) do not cover its long term liabilities (A$19.7B).
Debt to Equity History and Analysis
Debt Level: TU9's net debt to equity ratio (135.1%) is considered high.
Reducing Debt: TU9's debt to equity ratio has reduced from 160.3% to 149.2% over the past 5 years.
Debt Coverage: TU9's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: TU9's interest payments on its debt are not well covered by EBIT (2.1x coverage).