Acrow Formwork and Construction Services Limited

ASX ACF.AX

Acrow Formwork and Construction Services Limited Interest Coverage Ratio for the year ending June 30, 2024: 6.02

Acrow Formwork and Construction Services Limited Interest Coverage Ratio is 6.02 for the year ending June 30, 2024, a -18.92% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Acrow Formwork and Construction Services Limited Interest Coverage Ratio for the year ending June 30, 2023 was 7.43, a 22.29% change year over year.
Acrow Formwork and Construction Services Limited Interest Coverage Ratio for the year ending June 30, 2022 was 6.07, a 105.36% change year over year.
Acrow Formwork and Construction Services Limited Interest Coverage Ratio for the year ending June 30, 2021 was 2.96, a 31.49% change year over year.
Acrow Formwork and Construction Services Limited Interest Coverage Ratio for the year ending June 30, 2020 was 2.25, a -70.92% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

ASX: ACF.AX

Acrow Formwork and Construction Services Limited

CEO	Mr. Steven Boland
IPO Date	June 27, 2008
Location	Australia
Headquarters	126 Phillip Street
Employees	300
Sector	Materials
Industries Steel Composite Materials Construction Construction Materials Containers & Packaging Furniture Glass Plastics

Description

Acrow Formwork and Construction Services Limited provides engineered formwork, scaffolding and screen systems solutions, and in-house engineering and industrial labour supply services in Australia. The company is also involved in the rental of formwork equipment, including wall forming panel systems; soffit forming systems, such as Acrowform aluminum panels; GASS table forms; supercuplok; conventional systems; and scaffolding systems comprising cuplok scaffolding, super cuplok scaffolding, and ring-lok and quickstage scaffolding products. It offers hire and sales solutions to residential, commercial, civil, and industrial customers. Acrow Formwork and Construction Services Limited was founded in 1936 and is based in Sydney, Australia.

Key trends

Past 5 years