Bega Cheese Balance Sheet Health
Financial Health criteria checks 4/6
Bega Cheese has a total shareholder equity of A$1.0B and total debt of A$319.0M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are A$2.2B and A$1.2B respectively. Bega Cheese's EBIT is A$21.6M making its interest coverage ratio 0.8. It has cash and short-term investments of A$69.1M.
Key information
31.3%
Debt to equity ratio
AU$319.00m
Debt
| Interest coverage ratio | 0.8x |
| Cash | AU$69.10m |
| Equity | AU$1.02b |
| Total liabilities | AU$1.21b |
| Total assets | AU$2.23b |
Recent financial health updates
Is Bega Cheese (ASX:BGA) Using Too Much Debt?
Oct 13
Does Bega Cheese (ASX:BGA) Have A Healthy Balance Sheet?
Aug 26Is Bega Cheese (ASX:BGA) Using Too Much Debt?
Feb 24Is Bega Cheese (ASX:BGA) A Risky Investment?
May 16Here's Why Bega Cheese (ASX:BGA) Has A Meaningful Debt Burden
Dec 17Recent updates
Bega Cheese Limited (ASX:BGA) Shares Could Be 27% Below Their Intrinsic Value Estimate
Jan 22Is Bega Cheese (ASX:BGA) Using Too Much Debt?
Oct 13Bega Cheese Limited's (ASX:BGA) Intrinsic Value Is Potentially 30% Above Its Share Price
Mar 15Does Bega Cheese (ASX:BGA) Have A Healthy Balance Sheet?
Aug 26Bega Cheese's (ASX:BGA) Upcoming Dividend Will Be Larger Than Last Year's
Feb 27Is Bega Cheese (ASX:BGA) Using Too Much Debt?
Feb 24With EPS Growth And More, Bega Cheese (ASX:BGA) Is Interesting
Feb 02Estimating The Fair Value Of Bega Cheese Limited (ASX:BGA)
Nov 09Is Bega Cheese (ASX:BGA) A Risky Investment?
May 16Is Bega Cheese Limited (ASX:BGA) Trading At A 27% Discount?
Apr 28Is Bega Cheese Limited (ASX:BGA) A Smart Pick For Income Investors?
Apr 09Do Institutions Own Bega Cheese Limited (ASX:BGA) Shares?
Mar 10Analysts Are Betting On Bega Cheese Limited (ASX:BGA) With A Big Upgrade This Week
Feb 25Why Bega Cheese's (ASX:BGA) CEO Pay Matters
Feb 15
Does Bega Cheese Limited's (ASX:BGA) Weak Fundamentals Mean That The Market Could Correct Its Share Price?
Feb 03An Intrinsic Calculation For Bega Cheese Limited (ASX:BGA) Suggests It's 24% Undervalued
Jan 22We Wouldn't Rely On Bega Cheese's (ASX:BGA) Statutory Earnings As A Guide
Jan 10Three Things You Should Check Before Buying Bega Cheese Limited (ASX:BGA) For Its Dividend
Dec 29Here's Why Bega Cheese (ASX:BGA) Has A Meaningful Debt Burden
Dec 17Should Bega Cheese (ASX:BGA) Be Disappointed With Their 48% Profit?
Dec 06What Kind Of Shareholders Hold The Majority In Bega Cheese Limited's (ASX:BGA) Shares?
Nov 25Bega Cheese Limited (ASX:BGA) Will Pay A AU$0.05 Dividend In Four Days
Sep 02Bega Cheese's (ASX:BGA) Stock Price Has Reduced32% In The Past Three Years
Aug 23What Kind Of Shareholders Own Bega Cheese Limited (ASX:BGA)?
Aug 07Bega Cheese Limited's (ASX:BGA) Dismal Stock Performance Reflects Weak Fundamentals
Jul 22Who Has Been Selling Bega Cheese Limited (ASX:BGA) Shares?
Jul 06Financial Position Analysis
Short Term Liabilities: BGA's short term assets (A$899.9M) exceed its short term liabilities (A$692.1M).
Long Term Liabilities: BGA's short term assets (A$899.9M) exceed its long term liabilities (A$520.2M).
Debt to Equity History and Analysis
Debt Level: BGA's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: BGA's debt to equity ratio has reduced from 61.2% to 31.3% over the past 5 years.
Debt Coverage: BGA's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: BGA's interest payments on its debt are not well covered by EBIT (0.8x coverage).