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
ABL Group (OB:ABL) Has A Rock Solid Balance Sheet
Feb 02
These 4 Measures Indicate That AqualisBraemar LOC (OB:AQUA) Is Using Debt Safely
Mar 03Recent updates
ABL Group ASA Just Missed EPS By 29%: Here's What Analysts Think Will Happen Next
Apr 29ABL Group's (OB:ABL) Dividend Will Be Increased To $0.40
Apr 28Is There An Opportunity With ABL Group ASA's (OB:ABL) 40% Undervaluation?
Dec 21ABL Group (OB:ABL) Is Paying Out A Larger Dividend Than Last Year
May 10Earnings Miss: ABL Group ASA Missed EPS By 41% And Analysts Are Revising Their Forecasts
Mar 03ABL Group (OB:ABL) Has A Rock Solid Balance Sheet
Feb 02AqualisBraemar LOC's (OB:AQUA) Upcoming Dividend Will Be Larger Than Last Year's
Oct 31Is There More Growth In Store For AqualisBraemar LOC's (OB:AQUA) Returns On Capital?
Mar 21These 4 Measures Indicate That AqualisBraemar LOC (OB:AQUA) Is Using Debt Safely
Mar 03Is AqualisBraemar LOC ASA (OB:AQUA) A Smart Pick For Income Investors?
Feb 14
We're Not So Sure You Should Rely on AqualisBraemar LOC's (OB:AQUA) Statutory Earnings
Jan 26Have Insiders Sold AqualisBraemar LOC ASA (OB:AQUA) Shares Recently?
Jan 09Has AqualisBraemar LOC ASA's (OB:AQUA) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Jan 05Should You Take Comfort From Insider Transactions At AqualisBraemar ASA (OB:AQUA)?
Dec 03Financial Position Analysis
Short Term Liabilities: ABL's short term assets ($107.7M) exceed its short term liabilities ($60.5M).
Long Term Liabilities: ABL's short term assets ($107.7M) exceed its long term liabilities ($19.0M).
Debt to Equity History and Analysis
Debt Level: ABL has more cash than its total debt.
Reducing Debt: ABL's debt to equity ratio has increased from 0% to 10.8% over the past 5 years.
Debt Coverage: ABL's debt is well covered by operating cash flow (105.5%).
Interest Coverage: ABL's interest payments on its debt are well covered by EBIT (15.3x coverage).