Infratil Balance Sheet Health
Financial Health criteria checks 1/6
Infratil has a total shareholder equity of NZ$8.2B and total debt of NZ$5.1B, which brings its debt-to-equity ratio to 62.7%. Its total assets and total liabilities are NZ$16.1B and NZ$7.9B respectively. Infratil's EBIT is NZ$230.7M making its interest coverage ratio 0.6. It has cash and short-term investments of NZ$496.3M.
Key information
62.7%
Debt to equity ratio
NZ$5.14b
Debt
| Interest coverage ratio | 0.6x |
| Cash | NZ$496.30m |
| Equity | NZ$8.19b |
| Total liabilities | NZ$7.90b |
| Total assets | NZ$16.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IFT's short term assets (NZ$1.3B) do not cover its short term liabilities (NZ$1.3B).
Long Term Liabilities: IFT's short term assets (NZ$1.3B) do not cover its long term liabilities (NZ$6.6B).
Debt to Equity History and Analysis
Debt Level: IFT's net debt to equity ratio (56.7%) is considered high.
Reducing Debt: IFT's debt to equity ratio has reduced from 115.1% to 62.7% over the past 5 years.
Debt Coverage: IFT's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: IFT's interest payments on its debt are not well covered by EBIT (0.6x coverage).