AGL Energy Balance Sheet Health
Financial Health criteria checks 4/6
AGL Energy has a total shareholder equity of A$5.4B and total debt of A$2.5B, which brings its debt-to-equity ratio to 45.7%. Its total assets and total liabilities are A$15.7B and A$10.2B respectively. AGL Energy's EBIT is A$1.4B making its interest coverage ratio 11.6. It has cash and short-term investments of A$962.0M.
Key information
45.7%
Debt to equity ratio
AU$2.48b
Debt
| Interest coverage ratio | 11.6x |
| Cash | AU$962.00m |
| Equity | AU$5.43b |
| Total liabilities | AU$10.23b |
| Total assets | AU$15.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGLX.Y's short term assets (A$4.9B) exceed its short term liabilities (A$4.6B).
Long Term Liabilities: AGLX.Y's short term assets (A$4.9B) do not cover its long term liabilities (A$5.7B).
Debt to Equity History and Analysis
Debt Level: AGLX.Y's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: AGLX.Y's debt to equity ratio has increased from 32.4% to 45.7% over the past 5 years.
Debt Coverage: AGLX.Y's debt is well covered by operating cash flow (90.2%).
Interest Coverage: AGLX.Y's interest payments on its debt are well covered by EBIT (11.6x coverage).