ASBISc Enterprises Balance Sheet Health
Financial Health criteria checks 5/6
ASBISc Enterprises has a total shareholder equity of $290.9M and total debt of $229.0M, which brings its debt-to-equity ratio to 78.7%. Its total assets and total liabilities are $951.7M and $660.8M respectively. ASBISc Enterprises's EBIT is $93.4M making its interest coverage ratio 3.8. It has cash and short-term investments of $106.2M.
Key information
78.7%
Debt to equity ratio
US$228.98m
Debt
| Interest coverage ratio | 3.8x |
| Cash | US$106.21m |
| Equity | US$290.92m |
| Total liabilities | US$660.78m |
| Total assets | US$951.71m |
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 29Financial Position Analysis
Short Term Liabilities: ASB's short term assets ($865.1M) exceed its short term liabilities ($631.0M).
Long Term Liabilities: ASB's short term assets ($865.1M) exceed its long term liabilities ($29.8M).
Debt to Equity History and Analysis
Debt Level: ASB's net debt to equity ratio (42.2%) is considered high.
Reducing Debt: ASB's debt to equity ratio has reduced from 149.5% to 78.7% over the past 5 years.
Debt Coverage: ASB's debt is well covered by operating cash flow (31.8%).
Interest Coverage: ASB's interest payments on its debt are well covered by EBIT (3.8x coverage).