Ampol Balance Sheet Health
Financial Health criteria checks 4/6
Ampol has a total shareholder equity of A$4.0B and total debt of A$2.5B, which brings its debt-to-equity ratio to 62.8%. Its total assets and total liabilities are A$12.8B and A$8.8B respectively. Ampol's EBIT is A$998.1M making its interest coverage ratio 3.7. It has cash and short-term investments of A$300.6M.
Key information
62.8%
Debt to equity ratio
AU$2.50b
Debt
Interest coverage ratio | 3.7x |
Cash | AU$300.60m |
Equity | AU$3.98b |
Total liabilities | AU$8.84b |
Total assets | AU$12.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALD's short term assets (A$5.7B) exceed its short term liabilities (A$4.8B).
Long Term Liabilities: ALD's short term assets (A$5.7B) exceed its long term liabilities (A$4.1B).
Debt to Equity History and Analysis
Debt Level: ALD's net debt to equity ratio (55.2%) is considered high.
Reducing Debt: ALD's debt to equity ratio has increased from 28.4% to 62.8% over the past 5 years.
Debt Coverage: ALD's debt is well covered by operating cash flow (60.6%).
Interest Coverage: ALD's interest payments on its debt are well covered by EBIT (3.7x coverage).