GUD Holdings Balance Sheet Health
Financial Health criteria checks 4/6
GUD Holdings has a total shareholder equity of A$860.0M and total debt of A$559.6M, which brings its debt-to-equity ratio to 65.1%. Its total assets and total liabilities are A$1.9B and A$1.0B respectively. GUD Holdings's EBIT is A$157.4M making its interest coverage ratio 6.3. It has cash and short-term investments of A$84.4M.
Key information
65.1%
Debt to equity ratio
AU$559.63m
Debt
Interest coverage ratio | 6.3x |
Cash | AU$84.41m |
Equity | AU$859.98m |
Total liabilities | AU$1.05b |
Total assets | AU$1.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GUDD.Y's short term assets (A$587.3M) exceed its short term liabilities (A$240.9M).
Long Term Liabilities: GUDD.Y's short term assets (A$587.3M) do not cover its long term liabilities (A$806.3M).
Debt to Equity History and Analysis
Debt Level: GUDD.Y's net debt to equity ratio (55.3%) is considered high.
Reducing Debt: GUDD.Y's debt to equity ratio has reduced from 99.1% to 65.1% over the past 5 years.
Debt Coverage: GUDD.Y's debt is well covered by operating cash flow (22.6%).
Interest Coverage: GUDD.Y's interest payments on its debt are well covered by EBIT (6.3x coverage).