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BetaShares Australian Investment Grade Corporate Bond ETF (ASX: CRED) - Financials

Current share price for CRED : $23.590 0.12 (0.51%)+

BetaShares Australian Investment Grade Corporate Bond ETF (CRED) is an Exchange Traded Fund - commonly known as an ETF. For more details about how ETFs work, feel free to check out our What is an ETF? overview. BetaShares Australian Investment Grade Corporate Bond ETF (CRED) is a managed investment scheme whose units will trade on the ASX. The Fund aims to track the performance of an index (before fees and expenses) that provides exposure to a portfolio of investment grade fixed-rate Australian corporate bonds.

InvestSMART's Custom Portfolios allows you to invest in BetaShares Australian Investment Grade Corporate Bond ETF (ASX: CRED). Find out more.

CRED Per Share

Year to Jun Sales Cashflow Earnings Dividends Franking Book Value Average
Annual P/E		 Relative P/E Shareholder Return
2024 -591.5 ¢ 158.7 ¢ 106.7 ¢ 0% $22.50 0 100.6% 8.2%
2023 -126.5 ¢ 82.7 ¢ 100.7 ¢ 0% $21.70 0 189.6% 5%
2022 -266.2 ¢ -418.7 ¢ 75.6 ¢ 0% $21.80 0 0% -16.3%

CRED Historical Financials

2024 2023 2022
Investment Income ($M) 28.9 17.7 16
Other Income ($M) 27.5 3 -104.1
Management Expense Ratio (%) 0.2 0.2 0.3
Net Profit Before Abs ($M) 54.8 19.5 -89.4
Net Profit After Abs ($M) 54.8 19.5 -89.4
Shareholders Equity ($M) 776.6 511.1 464.4
Return on Equity (%) 7.1 3.8 -19.2
Payout Ratio (%) 67 122 -18

CRED Cashflow

2024 2023 2022
Customer Receipts ($M) 363 197 277
Net Operating Cashflow ($M) -204.4 -29.8 -56.8
Net Investing Cashflow ($M)
Net Financing Cashflow ($M) 206 26 64

CRED Market & Earnings

2024 2023 2022
Market Cap ($M) 781.5 516.9 465.7
Net Gearing (%) -0.8 -0.8 -1.6
Net Interest Cover (%) 6.67
Dividend Yield (%) 4.7 3.5
NTA Per Share ($) 22.5 21.7 21.8
EBT Before Abs ($M) 54.8 19.5 -89.4

CRED Balance Sheet

2024 2023 2022
Cash ($M)6.12 3.99 7.54
Current Investments ($M)
Receivables ($M)14.62 5.83 4.42
Other Current Assets ($M)0.16
Total Current Assets ($M)20.9 9.82 11.96
Non-Current Investments ($M)760.9 505.2 453.7
Property ($M)
Other Non-Current Assets ($M)
Total Non-Current Assets ($M)760.9 505.2 453.7
Total Assets ($M)781.8 515 465.6
Creditors ($M)2.23 0.11 0.11
Provisions ($M)2.94 1.96 1.15
Deferred Taxes ($M)
Other Current Liabilities ($M) 1.82
Total Current Liabilities ($M)5.17 3.89 1.26
Borrowings ($M)
Other Non-Current Liabilities ($M)0.02
Total Non-Current Liabilities ($M)0.02
Total Liabilities ($M)5.19 3.89 1.26
Shareholders Equity ($M)776.6 511.1 464.4

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Data shown on this website is sourced by Morningstar
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