Australian Agricultural Balance Sheet Health
Financial Health criteria checks 3/6
Australian Agricultural has a total shareholder equity of A$1.5B and total debt of A$417.5M, which brings its debt-to-equity ratio to 28.7%. Its total assets and total liabilities are A$2.3B and A$811.8M respectively.
Key information
28.7%
Debt to equity ratio
AU$417.53m
Debt
Interest coverage ratio | n/a |
Cash | AU$6.12m |
Equity | AU$1.45b |
Total liabilities | AU$811.76m |
Total assets | AU$2.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASAG.F's short term assets (A$382.9M) exceed its short term liabilities (A$65.1M).
Long Term Liabilities: ASAG.F's short term assets (A$382.9M) do not cover its long term liabilities (A$746.7M).
Debt to Equity History and Analysis
Debt Level: ASAG.F's net debt to equity ratio (28.3%) is considered satisfactory.
Reducing Debt: ASAG.F's debt to equity ratio has reduced from 36.6% to 28.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if ASAG.F has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ASAG.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.