ASBISc Enterprises Balance Sheet Health
Financial Health criteria checks 5/6
ASBISc Enterprises has a total shareholder equity of $281.2M and total debt of $236.1M, which brings its debt-to-equity ratio to 83.9%. Its total assets and total liabilities are $1.0B and $731.3M respectively. ASBISc Enterprises's EBIT is $112.5M making its interest coverage ratio 4.1. It has cash and short-term investments of $143.6M.
Key information
83.9%
Debt to equity ratio
US$236.07m
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$143.56m |
| Equity | US$281.21m |
| Total liabilities | US$731.27m |
| Total assets | US$1.01b |
Recent financial health updates
Is ASBISc Enterprises (WSE:ASB) A Risky Investment?
Dec 01
Does ASBISc Enterprises (WSE:ASB) Have A Healthy Balance Sheet?
Apr 06We Think ASBISc Enterprises (WSE:ASB) Can Stay On Top Of Its Debt
Oct 23We Think ASBISc Enterprises (WSE:ASB) Can Stay On Top Of Its Debt
Apr 29Recent updates
ASBISc Enterprises Plc's (WSE:ASB) CEO Compensation Is Looking A Bit Stretched At The Moment
May 02Is ASBISc Enterprises (WSE:ASB) A Risky Investment?
Dec 01Is There Now An Opportunity In ASBISc Enterprises Plc (WSE:ASB)?
Sep 02Here's Why We Think ASBISc Enterprises (WSE:ASB) Is Well Worth Watching
May 05Does ASBISc Enterprises (WSE:ASB) Have A Healthy Balance Sheet?
Apr 06Do ASBISc Enterprises's (WSE:ASB) Earnings Warrant Your Attention?
Jan 19We Think ASBISc Enterprises (WSE:ASB) Can Stay On Top Of Its Debt
Oct 23We Think ASBISc Enterprises (WSE:ASB) Can Stay On Top Of Its Debt
Apr 29Does ASBISc Enterprises (WSE:ASB) Deserve A Spot On Your Watchlist?
Mar 21Why ASBISc Enterprises Plc (WSE:ASB) Looks Like A Quality Company
Mar 06Financial Position Analysis
Short Term Liabilities: ASB's short term assets ($931.2M) exceed its short term liabilities ($715.5M).
Long Term Liabilities: ASB's short term assets ($931.2M) exceed its long term liabilities ($15.7M).
Debt to Equity History and Analysis
Debt Level: ASB's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: ASB's debt to equity ratio has reduced from 147.7% to 83.9% over the past 5 years.
Debt Coverage: ASB's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: ASB's interest payments on its debt are well covered by EBIT (4.1x coverage).