Elders Balance Sheet Health
Financial Health criteria checks 6/6
Elders has a total shareholder equity of A$866.8M and total debt of A$281.2M, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are A$2.1B and A$1.2B respectively. Elders's EBIT is A$156.7M making its interest coverage ratio 7.1. It has cash and short-term investments of A$21.5M.
Key information
32.4%
Debt to equity ratio
AU$281.17m
Debt
| Interest coverage ratio | 7.1x |
| Cash | AU$21.48m |
| Equity | AU$866.84m |
| Total liabilities | AU$1.21b |
| Total assets | AU$2.07b |
Recent financial health updates
These 4 Measures Indicate That Elders (ASX:ELD) Is Using Debt Reasonably Well
Jul 25
We Think Elders (ASX:ELD) Can Stay On Top Of Its Debt
Jun 14Is Elders (ASX:ELD) Using Too Much Debt?
Dec 12Recent updates
Earnings Working Against Elders Limited's (ASX:ELD) Share Price
Apr 08Elders (ASX:ELD) Might Be Having Difficulty Using Its Capital Effectively
Mar 12Here's Why It's Unlikely That Elders Limited's (ASX:ELD) CEO Will See A Pay Rise This Year
Dec 07Elders (ASX:ELD) Will Pay A Smaller Dividend Than Last Year
Nov 17Elders' (ASX:ELD) Returns On Capital Not Reflecting Well On The Business
Nov 14Elders (ASX:ELD) Might Be Having Difficulty Using Its Capital Effectively
Jul 03Does Elders (ASX:ELD) Deserve A Spot On Your Watchlist?
Mar 17Elders (ASX:ELD) Is Reinvesting To Multiply In Value
Feb 02Do Elders' (ASX:ELD) Earnings Warrant Your Attention?
Dec 09Elders (ASX:ELD) May Have Issues Allocating Its Capital
Aug 29These 4 Measures Indicate That Elders (ASX:ELD) Is Using Debt Reasonably Well
Jul 25Is Now The Time To Put Elders (ASX:ELD) On Your Watchlist?
Jun 24Elders (ASX:ELD) Is Increasing Its Dividend To AU$0.28
May 25There Are Reasons To Feel Uneasy About Elders' (ASX:ELD) Returns On Capital
May 24Are Investors Undervaluing Elders Limited (ASX:ELD) By 21%?
Mar 15Here's Why I Think Elders (ASX:ELD) Might Deserve Your Attention Today
Mar 03Are Investors Undervaluing Elders Limited (ASX:ELD) By 34%?
Oct 28Investors Could Be Concerned With Elders' (ASX:ELD) Returns On Capital
Sep 15Elders Limited (ASX:ELD) Shares Could Be 33% Below Their Intrinsic Value Estimate
Jul 02We Think Elders (ASX:ELD) Can Stay On Top Of Its Debt
Jun 14Returns On Capital Signal Tricky Times Ahead For Elders (ASX:ELD)
May 18What To Know Before Buying Elders Limited (ASX:ELD) For Its Dividend
Apr 03Shareholders Of Elders (ASX:ELD) Must Be Happy With Their 281% Total Return
Mar 21Is There An Opportunity With Elders Limited's (ASX:ELD) 45% Undervaluation?
Mar 09Need To Know: Elders Limited (ASX:ELD) Insiders Have Been Selling Shares
Feb 25Here's What To Make Of Elders' (ASX:ELD) Returns On Capital
Feb 14Elders Limited's (ASX:ELD) Stock Is Going Strong: Is the Market Following Fundamentals?
Feb 04Elders (ASX:ELD) Is Growing Earnings But Are They A Good Guide?
Jan 25
What You Need To Know About Elders Limited's (ASX:ELD) Investor Composition
Jan 14Shareholders Are Loving Elders Limited's (ASX:ELD) 2.6% Yield
Jan 03Why Elders' (ASX:ELD) CEO Pay Matters
Dec 23Is Elders (ASX:ELD) Using Too Much Debt?
Dec 12Shareholders Of Elders (ASX:ELD) Must Be Happy With Their 182% Total Return
Dec 01This Insider Has Just Sold Shares In Elders Limited (ASX:ELD)
Nov 21Here's What We Like About Elders' (ASX:ELD) Upcoming Dividend
Nov 18Financial Position Analysis
Short Term Liabilities: ELD's short term assets (A$1.3B) exceed its short term liabilities (A$1.0B).
Long Term Liabilities: ELD's short term assets (A$1.3B) exceed its long term liabilities (A$196.8M).
Debt to Equity History and Analysis
Debt Level: ELD's net debt to equity ratio (30%) is considered satisfactory.
Reducing Debt: ELD's debt to equity ratio has reduced from 59.5% to 32.4% over the past 5 years.
Debt Coverage: ELD's debt is well covered by operating cash flow (60.2%).
Interest Coverage: ELD's interest payments on its debt are well covered by EBIT (7.1x coverage).