Our websites will be unavailable between the hours of AEST 4AM September 17, 2022 and AEST 11PM on date September 18, 2022

InvestoGain Australia


Any AUS or NZ company

Browse Australian listed companies

0-9A B C D E F G H I J K L M N O P Q R S T U V W XY Z

Browse current Australian managed funds

0-9A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



Find any Australian or New Zealand company or fund (dead or alive) by using SEARCH above or go directly to the site:


deListed and InvestoGain acknowledge the support of ASX and ASA:


Australian Securities Exchange
Australian shareholders association

Strong balance sheet


What is a balance sheet?

A company’s balance sheet is a summary of its assets, liabilities and equity at a point in time. Equity is the bit that shareholders own.


How does it help me?

A balance sheet should help you to gauge the financial health of a company and to assess the risk of investing. But unless you have some familiarity with company financial statements, don’t try a lot of original research. A little knowledge of the figures can be dangerous.


What do I look for?

The big thing to look for is the level of debt. Debt, for this purpose, is any liability on which interest is being paid. Most companies have debt because it is usually a relatively cheap source of funding for acquisitions and expansion.

Low debt levels can mean the company is not utilising alternative funding sources as it should be, and at the same time it also indicates flexibility to borrow or take on debt to expand or make acquisitions. High debt levels (or high gearing) can be dangerous, particularly if borrowing costs are rising and exceed or may exceed the return that the company makes on its capital.


What is a strong balance sheet?

As a general rule if equity exceeds debt and current assets exceed current liabilities, the company is in sound financial health. If debt exceeds equity the company may still be in good shape but more vulnerable to interest rate increases or downturns in profits or cash flows. It also depends a lot on the industry and other factors, so get advice on the subject if you are uncertain.


Where do I look?

Balance sheets are part of annual reports or half yearly/quarterly reports which are usually carried on company websites. Our website provides easy access to annual report sections in company websites. Find the last report and if you can’t, go here, search on the company’s code and if necessary click on View more announcements.



Thank you for the wonderful service you provide through your website. I've had the pleasure of selling a parcel of shares: easy, efficient, and very cost-effective. And I especially like the super-easy way your site allows me to chase up companies' various name changes, and so remain up-to-date.
I Brandli, Coffs Harbour NSW

…out of all the exchanges that I do research for, your particular web site makes finding information so easy. I wish the rest of the world would follow your footsteps. Reuters

Thank you so much for assisting with this. I contacted the registry today and they did confirm there are …… shares [value: $42,000] in my sister’s name. I have put ......... in contact with them so she can update her address and will thereafter be able to claim the dividends [value: $3764] and sell her shares if she chooses. We really appreciate your help, this money will be of huge assistance to ..... What a fantastic service you provide.