Australian Foundation Investment Balance Sheet Health
Financial Health criteria checks 4/6
Australian Foundation Investment has a total shareholder equity of A$7.3B and total debt of A$10.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are A$8.6B and A$1.3B respectively. Australian Foundation Investment's EBIT is A$391.5M making its interest coverage ratio 370.7. It has cash and short-term investments of A$128.3M.
Key information
0.1%
Debt to equity ratio
AU$10.00m
Debt
| Interest coverage ratio | 370.7x |
| Cash | AU$128.26m |
| Equity | AU$7.27b |
| Total liabilities | AU$1.30b |
| Total assets | AU$8.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFOV.F's short term assets (A$139.0M) exceed its short term liabilities (A$31.1M).
Long Term Liabilities: AFOV.F's short term assets (A$139.0M) do not cover its long term liabilities (A$1.3B).
Debt to Equity History and Analysis
Debt Level: AFOV.F has more cash than its total debt.
Reducing Debt: AFOV.F's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: AFOV.F's debt is well covered by operating cash flow (3071%).
Interest Coverage: AFOV.F's interest payments on its debt are well covered by EBIT (370.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/06/02 12:17 |
| End of Day Share Price | 2023/03/06 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Australian Foundation Investment Company Limited is covered by 1 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sally Campbell | Goldman Sachs & Partners Australia Pty Ltd |