GWA Group Balance Sheet Health
Financial Health criteria checks 2/6
GWA Group has a total shareholder equity of A$301.0M and total debt of A$184.0M, which brings its debt-to-equity ratio to 61.1%. Its total assets and total liabilities are A$714.1M and A$413.1M respectively. GWA Group's EBIT is A$79.0M making its interest coverage ratio 11.4. It has cash and short-term investments of A$48.7M.
Key information
61.1%
Debt to equity ratio
AU$184.01m
Debt
Interest coverage ratio | 11.4x |
Cash | AU$48.75m |
Equity | AU$301.01m |
Total liabilities | AU$413.10m |
Total assets | AU$714.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GWAX.Y's short term assets (A$222.0M) exceed its short term liabilities (A$114.2M).
Long Term Liabilities: GWAX.Y's short term assets (A$222.0M) do not cover its long term liabilities (A$298.9M).
Debt to Equity History and Analysis
Debt Level: GWAX.Y's net debt to equity ratio (44.9%) is considered high.
Reducing Debt: GWAX.Y's debt to equity ratio has increased from 35.4% to 61.1% over the past 5 years.
Debt Coverage: GWAX.Y's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: GWAX.Y's interest payments on its debt are well covered by EBIT (11.4x coverage).