Seafarms Group Balance Sheet Health
Financial Health criteria checks 4/6
Seafarms Group has a total shareholder equity of A$14.8M and total debt of A$5.7M, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are A$32.1M and A$17.3M respectively.
Key information
38.6%
Debt to equity ratio
AU$5.71m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.23m |
| Equity | AU$14.80m |
| Total liabilities | AU$17.26m |
| Total assets | AU$32.07m |
Recent financial health updates
We're A Little Worried About Seafarms Group's (ASX:SFG) Cash Burn Rate
Feb 03
Seafarms Group (ASX:SFG) Will Have To Spend Its Cash Wisely
Sep 09Seafarms Group (ASX:SFG) Has Debt But No Earnings; Should You Worry?
Mar 29Does Seafarms Group (ASX:SFG) Have A Healthy Balance Sheet?
Mar 22Recent updates
Market Participants Recognise Seafarms Group Limited's (ASX:SFG) Revenues Pushing Shares 50% Higher
Oct 10Take Care Before Jumping Onto Seafarms Group Limited (ASX:SFG) Even Though It's 33% Cheaper
Aug 23Revenues Tell The Story For Seafarms Group Limited (ASX:SFG) As Its Stock Soars 33%
Jul 02Seafarms Group Limited (ASX:SFG) Stock Rockets 33% But Many Are Still Ignoring The Company
Apr 05Seafarms Group Limited's (ASX:SFG) Share Price Could Signal Some Risk
Dec 21Seafarms Group Limited's (ASX:SFG) Price Is Out Of Tune With Revenues
Jun 08We're A Little Worried About Seafarms Group's (ASX:SFG) Cash Burn Rate
Feb 03Seafarms Group (ASX:SFG) Will Have To Spend Its Cash Wisely
Sep 09Seafarms Group (ASX:SFG) Has Debt But No Earnings; Should You Worry?
Mar 29Does Seafarms Group (ASX:SFG) Have A Healthy Balance Sheet?
Mar 22If You Had Bought Seafarms Group (ASX:SFG) Stock Three Years Ago, You Could Pocket A 47% Gain Today
Feb 15Here's What Seafarms Group Limited's (ASX:SFG) Shareholder Ownership Structure Looks Like
Dec 24
Financial Position Analysis
Short Term Liabilities: SFG's short term assets (A$20.1M) exceed its short term liabilities (A$15.8M).
Long Term Liabilities: SFG's short term assets (A$20.1M) exceed its long term liabilities (A$1.5M).
Debt to Equity History and Analysis
Debt Level: SFG's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: SFG's debt to equity ratio has reduced from 47.4% to 38.6% 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: SFG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SFG has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.2% each year.