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Australia Company Profiles Glossary
Australia Company Profiles Glossary

Terms you'll find throughout the Australian Company Profiles.

Updated over a week ago

IBISWorld provides profiles on the top 2,000 private and public Australian companies ranked by revenue. These expert reports are thoroughly researched, reliable and current. We've provided a glossary of terms below.

Abnormal Items

These are items of revenue and expenditure included in the operating profit (or loss) that are considered abnormal by reason of their size and effect on the operating profit (or loss) for the year.

Audit Fees

Audit fees are the amount charged by the auditor for the purpose of auditing the company’s financial accounts for the current financial year.

Audit Other

Audit other is the amount charged by the auditor for consulting services other than auditing (e.g. computer consultancy work).

Audit Total

Audit total is the sum of audit fees and audit other.

Cash at Bank

Cash at bank represents cash in the bank or on hand.

Current Liabilities

Current liabilities are short-term debts incurred by the company as a result of its normal business operations. Examples include unpaid bills to suppliers, outstanding wages and bank overdrafts.


Depreciation represents the accumulated depreciation for each fixed asset that the company owns other than buildings.


The number of people employed full-time by the company as at the latest balance date.

Income Tax

Income tax is an expense paid by the company to the government’s tax office in accordance to the current taxation laws.

Intangible Assets

Intangible assets refer to assets that cannot be touched, weighed or physically measured. This figure is taken directly from the company’s balance sheet. Examples include goodwill, copyrights, trademarks, patents, franchises and brand names.

Interest Bearing Debt Current

Interest bearing debt current includes every current liability on which interest is paid or payable. Examples include any loans, bank overdrafts, finance lease liability or debt security such as a bond, debenture or bill of exchange.

Interest Bearing Debt Non-Current

Interest-bearing debt non-current includes every non-current liability on which interest is paid or payable.

Interest Paid

Losses arising from the use of an entity's interest-yielding liabilities.

Interest Received

Revenue arising from the use of the entity's interest yielding assets.


Inventory refers to the value of current stock on hand.

Net Profit After Tax

Net profit after tax (NPAT) provides the operating profit after tax and incorporates both the equity profit/loss figure and abnormal items but excludes extraordinary items.

Net Profit Before Tax

Net profit before tax (NPBT) provides the operating profit before abnormal items and income tax are deducted.

Other Current Assets

Other current assets are derived from subtracting total current assets from cash at bank, trade debtors and inventory.

Other Liabilities

Other liabilities are long-term liabilities that are debts of the company that are expected to be paid more than 12 months after the current balance date.

Other Revenue

The other revenue figure is revenue received by the company that is not part of its operations. Examples include revenue received by the sale of plant and equipment or grants received from the government. This amount is normally derived from deducting sales revenue from total revenue.

Outside Equity Interest

Outside equity interest relates to equity in the company other than that which can be attributed to the ownership group of the parent entity.

Sales Revenue

The sales revenue figure is revenue received by the company from its normal operations.

Shareholder Funds

Shareholder funds are calculated by subtracting the sum of current and other liabilities from total assets. This figure is taken directly from the company’s balance sheet.

Total Assets

Total assets is the sum of both current and non-current assets. This figure is taken directly from the company’s balance sheet. Non-current assets include receivables that will not be collected within 12 months (term debtors and loans), investments, property, plant, equipment, intangibles and any future income tax benefit.

Total Current Assets

Total current assets are derived by adding cash at bank, trade debtors, inventory and other current assets.

Total Revenue

The total revenue figure is the combined total of sales revenue and total other revenue.

Trade Debtors

Trade debtors represent amounts of money owed by customers who have purchased goods or services from the company.

Trade Creditors

Trade creditors refer to companies or individuals to which money is owed. This figure is taken directly from the current liabilities section of the balance sheet.

Total Liabilities

Total liabilities is the sum of current liabilities and other liabilities.


Asset Turnover Ratio

Sales revenue / Total Assets

Creditors T/O

Trade creditors / Cost of goods sold x 365

Current ratio

Current assets / Current liabilities

Days Stock Held

Inventory / Cost of goods sold x 365

Debtors T/O

Trade debtors / Total revenue x 365

Dividend Payout Ratio

Dividends paid / Total revenue

Dividend Per Share

Dividend paid per outstanding share

Earnings Per Share

Net profit after tax / Number of shares outstanding


Profit before tax + Interest expense + Depreciation

Effective Tax Rate

Income tax / Net profit before tax x 100


Total liabilities / Total assets x 100

Interest cover

(Profit before tax + Interest expense) / Interest expense

Net Assets Per Share

(Total assets – Total liabilities) / Total outstanding shares

Profit margin

Profit before tax / Sales revenue x 100

Return on assets

Net profit after tax / Total assets x 100

Return on shareholders funds

Net profit after tax / Total shareholders’ funds

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