Austin Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Austin Engineering has a total shareholder equity of A$130.3M and total debt of A$34.1M, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are A$293.0M and A$162.7M respectively. Austin Engineering's EBIT is A$37.6M making its interest coverage ratio 17.1. It has cash and short-term investments of A$40.2M.
Key information
26.1%
Debt to equity ratio
AU$34.06m
Debt
| Interest coverage ratio | 17.1x |
| Cash | AU$40.19m |
| Equity | AU$130.34m |
| Total liabilities | AU$162.66m |
| Total assets | AU$293.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUST.F's short term assets (A$185.4M) exceed its short term liabilities (A$150.7M).
Long Term Liabilities: AUST.F's short term assets (A$185.4M) exceed its long term liabilities (A$12.0M).
Debt to Equity History and Analysis
Debt Level: AUST.F has more cash than its total debt.
Reducing Debt: AUST.F's debt to equity ratio has increased from 21% to 26.1% over the past 5 years.
Debt Coverage: AUST.F's debt is well covered by operating cash flow (104.2%).
Interest Coverage: AUST.F's interest payments on its debt are well covered by EBIT (17.1x coverage).