Cobram Estate Olives Balance Sheet Health
Financial Health criteria checks 3/6
Cobram Estate Olives has a total shareholder equity of A$321.7M and total debt of A$225.3M, which brings its debt-to-equity ratio to 70%. Its total assets and total liabilities are A$690.1M and A$368.3M respectively. Cobram Estate Olives's EBIT is A$42.6M making its interest coverage ratio 4.7. It has cash and short-term investments of A$12.6M.
Key information
70.0%
Debt to equity ratio
AU$225.34m
Debt
| Interest coverage ratio | 4.7x |
| Cash | AU$12.59m |
| Equity | AU$321.75m |
| Total liabilities | AU$368.33m |
| Total assets | AU$690.07m |
Recent financial health updates
No updates
Recent updates
Cobram Estate Olives Limited's (ASX:CBO) P/S Is Still On The Mark Following 27% Share Price Bounce
Dec 23
Cobram Estate Olives' (ASX:CBO) Dividend Will Be A$0.033
Nov 16Cobram Estate Olives' (ASX:CBO) Dividend Will Be A$0.033
Oct 31The Returns On Capital At Cobram Estate Olives (ASX:CBO) Don't Inspire Confidence
Oct 06Financial Position Analysis
Short Term Liabilities: CBO's short term assets (A$140.1M) exceed its short term liabilities (A$56.5M).
Long Term Liabilities: CBO's short term assets (A$140.1M) do not cover its long term liabilities (A$311.8M).
Debt to Equity History and Analysis
Debt Level: CBO's net debt to equity ratio (66.1%) is considered high.
Reducing Debt: CBO's debt to equity ratio has increased from 68.7% to 70% over the past 5 years.
Debt Coverage: CBO's debt is well covered by operating cash flow (21.2%).
Interest Coverage: CBO's interest payments on its debt are well covered by EBIT (4.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 04:58 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cobram Estate Olives Limited is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Jonathan Snape | Bell Potter |
| Ian Munro | Ord Minnett Limited |