Collins Foods Balance Sheet Health
Financial Health criteria checks 4/6
Collins Foods has a total shareholder equity of A$426.4M and total debt of A$248.8M, which brings its debt-to-equity ratio to 58.4%. Its total assets and total liabilities are A$1.4B and A$991.8M respectively. Collins Foods's EBIT is A$121.3M making its interest coverage ratio 3.1. It has cash and short-term investments of A$86.8M.
Key information
58.4%
Debt to equity ratio
AU$248.85m
Debt
| Interest coverage ratio | 3.1x |
| Cash | AU$86.85m |
| Equity | AU$426.44m |
| Total liabilities | AU$991.78m |
| Total assets | AU$1.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CKF's short term assets (A$109.6M) do not cover its short term liabilities (A$199.7M).
Long Term Liabilities: CKF's short term assets (A$109.6M) do not cover its long term liabilities (A$792.1M).
Debt to Equity History and Analysis
Debt Level: CKF's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: CKF's debt to equity ratio has reduced from 83.9% to 58.4% over the past 5 years.
Debt Coverage: CKF's debt is well covered by operating cash flow (70.9%).
Interest Coverage: CKF's interest payments on its debt are well covered by EBIT (3.1x coverage).