Duratec Balance Sheet Health
Financial Health criteria checks 6/6
Duratec has a total shareholder equity of A$59.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$225.4M and A$166.3M respectively. Duratec's EBIT is A$26.3M making its interest coverage ratio -194.9. It has cash and short-term investments of A$65.2M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -194.9x |
| Cash | AU$65.22m |
| Equity | AU$59.12m |
| Total liabilities | AU$166.28m |
| Total assets | AU$225.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DURC.F's short term assets (A$161.3M) exceed its short term liabilities (A$140.6M).
Long Term Liabilities: DURC.F's short term assets (A$161.3M) exceed its long term liabilities (A$25.6M).
Debt to Equity History and Analysis
Debt Level: DURC.F is debt free.
Reducing Debt: DURC.F has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
Debt Coverage: DURC.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DURC.F has no debt, therefore coverage of interest payments is not a concern.