AMP Balance Sheet Health
Financial Health criteria checks 0/6
AMP has a total shareholder equity of A$3.9B and total debt of A$28.4B, which brings its debt-to-equity ratio to 732.6%. Its total assets and total liabilities are A$33.9B and A$30.0B respectively. AMP's EBIT is A$1.3B making its interest coverage ratio 1.1. It has cash and short-term investments of A$2.0B.
Key information
732.6%
Debt to equity ratio
AU$28.38b
Debt
Interest coverage ratio | 1.1x |
Cash | AU$1.98b |
Equity | AU$3.87b |
Total liabilities | AU$30.00b |
Total assets | AU$33.88b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMLT.F's short term assets (A$2.8B) do not cover its short term liabilities (A$26.8B).
Long Term Liabilities: AMLT.F's short term assets (A$2.8B) do not cover its long term liabilities (A$3.2B).
Debt to Equity History and Analysis
Debt Level: AMLT.F's net debt to equity ratio (681.6%) is considered high.
Reducing Debt: AMLT.F's debt to equity ratio has increased from 318.8% to 732.6% over the past 5 years.
Debt Coverage: AMLT.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AMLT.F's interest payments on its debt are not well covered by EBIT (1.1x coverage).