Aurizon Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Aurizon Holdings has a total shareholder equity of A$4.4B and total debt of A$5.4B, which brings its debt-to-equity ratio to 122.8%. Its total assets and total liabilities are A$11.7B and A$7.3B respectively. Aurizon Holdings's EBIT is A$888.0M making its interest coverage ratio 3.1. It has cash and short-term investments of A$124.0M.
Key information
122.8%
Debt to equity ratio
AU$5.39b
Debt
Interest coverage ratio | 3.1x |
Cash | AU$124.00m |
Equity | AU$4.39b |
Total liabilities | AU$7.32b |
Total assets | AU$11.71b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QRNN.F's short term assets (A$1.2B) do not cover its short term liabilities (A$2.0B).
Long Term Liabilities: QRNN.F's short term assets (A$1.2B) do not cover its long term liabilities (A$5.4B).
Debt to Equity History and Analysis
Debt Level: QRNN.F's net debt to equity ratio (120%) is considered high.
Reducing Debt: QRNN.F's debt to equity ratio has increased from 73.9% to 122.8% over the past 5 years.
Debt Coverage: QRNN.F's debt is well covered by operating cash flow (25%).
Interest Coverage: QRNN.F's interest payments on its debt are well covered by EBIT (3.1x coverage).