Yes the new accounting conventions require the balance sheets to realize the liability represented by the outstanding leases, in this case, primarily for shopfronts. At the same time the balance sheet includes a "Right of Use" asset of $233m to roughly balance it out. These new standards are destroying comparative opportunities unless you're prepared to re-work the statutory accounts yourself to amend the presented picture. These changes impact the comparative opportunity with respect to Debt and the attaching ratios, EBITDA and interest cover numbers.
Yes the new accounting conventions require the balance sheets to...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.34 |
Change
0.050(3.88%) |
Mkt cap ! $805.5M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.37 | $1.30 | $7.226M | 5.387M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 221775 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 20372 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| AX1 (ASX) Chart |