They still have a lot of new aircraft to take delivery of between now and early 2026 that have to be financed which might be a negative when you assess the likelihood of dividends in 2024 - they also have $72mil in Term Loans that require repayment in July24.
They also capitalise major yearly maintenance costs into the cost of their aircraft, I'd be sure that other airlines have a similar policy but you'd have to trust that it's a fair apportionment as there's no real way of knowing. I'm using this as a critical factor and back it up with a view of 'Net Cash Flows from Operating Activities' in the Cashflow Statement - in the Jun23FY they generated $40.879mil as against $52.454mil in the Jun22FY - this drop is a negative for me but will keep a keen eye on this metric as you can't pay dividends if you're not generating substantial 'real' positive cashflows.
AQZ Chart, page-10
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Last
$3.20 |
Change
0.150(4.92%) |
Mkt cap ! $514.3M | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.20 | $3.13 | $332.9K | 105.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | $3.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.20 | 15964 | 1 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
$3.19 |
Change
0.150 ( 4.37 %) |
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| Open | High | Low | Volume | ||
| $3.13 | $3.19 | $3.13 | 356761 | ||
| Last updated 15.57pm 30/05/2024 ? | |||||
| AQZ (ASX) Chart |