ABL Group Balance Sheet Health
Financial Health criteria checks 5/6
ABL Group has a total shareholder equity of $70.4M and total debt of $12.5M, which brings its debt-to-equity ratio to 17.8%. Its total assets and total liabilities are $128.9M and $58.5M respectively. ABL Group's EBIT is $12.8M making its interest coverage ratio 28. It has cash and short-term investments of $28.8M.
Key information
17.8%
Debt to equity ratio
US$12.50m
Debt
Interest coverage ratio | 28x |
Cash | US$28.82m |
Equity | US$70.43m |
Total liabilities | US$58.45m |
Total assets | US$128.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QXF's short term assets ($87.7M) exceed its short term liabilities ($44.0M).
Long Term Liabilities: 0QXF's short term assets ($87.7M) exceed its long term liabilities ($14.5M).
Debt to Equity History and Analysis
Debt Level: 0QXF has more cash than its total debt.
Reducing Debt: 0QXF's debt to equity ratio has increased from 0% to 17.8% over the past 5 years.
Debt Coverage: 0QXF's debt is well covered by operating cash flow (126.8%).
Interest Coverage: 0QXF's interest payments on its debt are well covered by EBIT (28x coverage).