Collins Foods Balance Sheet Health
Financial Health criteria checks 2/6
Collins Foods has a total shareholder equity of A$413.9M and total debt of A$270.4M, which brings its debt-to-equity ratio to 65.3%. Its total assets and total liabilities are A$1.4B and A$976.5M respectively. Collins Foods's EBIT is A$78.8M making its interest coverage ratio 2.3. It has cash and short-term investments of A$102.4M.
Key information
65.3%
Debt to equity ratio
AU$270.39m
Debt
| Interest coverage ratio | 2.3x |
| Cash | AU$102.41m |
| Equity | AU$413.86m |
| Total liabilities | AU$976.53m |
| Total assets | AU$1.39b |
Recent financial health updates
Is Collins Foods (ASX:CKF) A Risky Investment?
Mar 07
Collins Foods (ASX:CKF) Seems To Use Debt Quite Sensibly
Jan 10We Think Collins Foods (ASX:CKF) Can Stay On Top Of Its Debt
Aug 20Here's Why Collins Foods (ASX:CKF) Can Manage Its Debt Responsibly
Apr 09Collins Foods (ASX:CKF) Has A Pretty Healthy Balance Sheet
Dec 30Recent updates
Is Collins Foods (ASX:CKF) A Risky Investment?
Mar 07Some Investors May Be Worried About Collins Foods' (ASX:CKF) Returns On Capital
Feb 21Collins Foods Limited (ASX:CKF) Not Flying Under The Radar
Feb 07Collins Foods (ASX:CKF) Is Due To Pay A Dividend Of A$0.125
Nov 30Estimating The Intrinsic Value Of Collins Foods Limited (ASX:CKF)
Nov 28At AU$8.05, Is It Time To Put Collins Foods Limited (ASX:CKF) On Your Watch List?
Nov 30A Look At The Intrinsic Value Of Collins Foods Limited (ASX:CKF)
Nov 02Estimating The Intrinsic Value Of Collins Foods Limited (ASX:CKF)
Aug 02Here's Why We Think Collins Foods (ASX:CKF) Might Deserve Your Attention Today
Jul 03What Does Collins Foods Limited's (ASX:CKF) Share Price Indicate?
Jun 20Collins Foods (ASX:CKF) Could Be Struggling To Allocate Capital
Apr 27Is There An Opportunity With Collins Foods Limited's (ASX:CKF) 47% Undervaluation?
Feb 25Collins Foods (ASX:CKF) Seems To Use Debt Quite Sensibly
Jan 10Collins Foods (ASX:CKF) Will Pay A Larger Dividend Than Last Year At AU$0.12
Dec 03An Intrinsic Calculation For Collins Foods Limited (ASX:CKF) Suggests It's 28% Undervalued
Nov 24Collins Foods (ASX:CKF) May Have Issues Allocating Its Capital
Sep 20We Think Collins Foods (ASX:CKF) Can Stay On Top Of Its Debt
Aug 20Is There An Opportunity With Collins Foods Limited's (ASX:CKF) 38% Undervaluation?
May 29Here's Why Collins Foods (ASX:CKF) Can Manage Its Debt Responsibly
Apr 09Returns On Capital At Collins Foods (ASX:CKF) Paint A Concerning Picture
Mar 28What Is The Ownership Structure Like For Collins Foods Limited (ASX:CKF)?
Mar 16Have Insiders Been Buying Collins Foods Limited (ASX:CKF) Shares This Year?
Mar 04Is Collins Foods Limited (ASX:CKF) An Attractive Dividend Stock?
Feb 20Is Collins Foods Limited's (ASX:CKF) Recent Price Movement Underpinned By Its Weak Fundamentals?
Feb 07Shareholders Of Collins Foods (ASX:CKF) Must Be Happy With Their 113% Total Return
Jan 25
An Intrinsic Calculation For Collins Foods Limited (ASX:CKF) Suggests It's 40% Undervalued
Jan 12Collins Foods (ASX:CKF) Has A Pretty Healthy Balance Sheet
Dec 30We're Watching These Trends At Collins Foods (ASX:CKF)
Dec 17Collins Foods Limited (ASX:CKF) Will Pay A AU$0.10 Dividend In Two Days
Dec 04Are Collins Foods's (ASX:CKF) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 29Financial Position Analysis
Short Term Liabilities: CKF's short term assets (A$123.5M) do not cover its short term liabilities (A$181.3M).
Long Term Liabilities: CKF's short term assets (A$123.5M) do not cover its long term liabilities (A$795.2M).
Debt to Equity History and Analysis
Debt Level: CKF's net debt to equity ratio (40.6%) is considered high.
Reducing Debt: CKF's debt to equity ratio has reduced from 83.9% to 65.3% over the past 5 years.
Debt Coverage: CKF's debt is well covered by operating cash flow (63.3%).
Interest Coverage: CKF's interest payments on its debt are not well covered by EBIT (2.3x coverage).