Ansell Balance Sheet Health
Financial Health criteria checks 6/6
Ansell has a total shareholder equity of $1.6B and total debt of $422.6M, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are $2.5B and $941.1M respectively. Ansell's EBIT is $195.7M making its interest coverage ratio 11.3. It has cash and short-term investments of $165.1M.
Key information
26.7%
Debt to equity ratio
US$422.60m
Debt
Interest coverage ratio | 11.3x |
Cash | US$165.10m |
Equity | US$1.58b |
Total liabilities | US$941.10m |
Total assets | US$2.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANSL.F's short term assets ($891.0M) exceed its short term liabilities ($423.2M).
Long Term Liabilities: ANSL.F's short term assets ($891.0M) exceed its long term liabilities ($517.9M).
Debt to Equity History and Analysis
Debt Level: ANSL.F's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: ANSL.F's debt to equity ratio has reduced from 40.1% to 26.7% over the past 5 years.
Debt Coverage: ANSL.F's debt is well covered by operating cash flow (56.6%).
Interest Coverage: ANSL.F's interest payments on its debt are well covered by EBIT (11.3x coverage).