Farm Pride Foods Balance Sheet Health
Financial Health criteria checks 3/6
Farm Pride Foods has a total shareholder equity of A$2.8M and total debt of A$17.1M, which brings its debt-to-equity ratio to 606.4%. Its total assets and total liabilities are A$60.8M and A$58.0M respectively.
Key information
606.4%
Debt to equity ratio
AU$17.11m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.69m |
| Equity | AU$2.82m |
| Total liabilities | AU$57.99m |
| Total assets | AU$60.81m |
Recent financial health updates
Is Farm Pride Foods (ASX:FRM) Using Too Much Debt?
Dec 21
Is Farm Pride Foods (ASX:FRM) Using Debt Sensibly?
Sep 01Is Farm Pride Foods (ASX:FRM) A Risky Investment?
Apr 24Is Farm Pride Foods (ASX:FRM) A Risky Investment?
Jun 13Is Farm Pride Foods (ASX:FRM) Using Debt Sensibly?
Feb 27Recent updates
Even With A 36% Surge, Cautious Investors Are Not Rewarding Farm Pride Foods Limited's (ASX:FRM) Performance Completely
Sep 02Farm Pride Foods Limited's (ASX:FRM) Revenues Are Not Doing Enough For Some Investors
Jun 06Farm Pride Foods (ASX:FRM) Is Doing The Right Things To Multiply Its Share Price
Apr 05The Market Doesn't Like What It Sees From Farm Pride Foods Limited's (ASX:FRM) Revenues Yet As Shares Tumble 26%
Feb 01Is Farm Pride Foods (ASX:FRM) Using Too Much Debt?
Dec 21Is Farm Pride Foods (ASX:FRM) Using Debt Sensibly?
Sep 01Is Farm Pride Foods (ASX:FRM) A Risky Investment?
Apr 24Is Farm Pride Foods (ASX:FRM) A Risky Investment?
Jun 13Is Farm Pride Foods (ASX:FRM) Using Debt Sensibly?
Feb 27Financial Position Analysis
Short Term Liabilities: FRM's short term assets (A$25.6M) exceed its short term liabilities (A$22.7M).
Long Term Liabilities: FRM's short term assets (A$25.6M) do not cover its long term liabilities (A$35.3M).
Debt to Equity History and Analysis
Debt Level: FRM's net debt to equity ratio (546.7%) is considered high.
Reducing Debt: FRM's debt to equity ratio has increased from 33.4% to 606.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable FRM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FRM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.6% per year.