Ricegrowers Balance Sheet Health
Financial Health criteria checks 5/6
Ricegrowers has a total shareholder equity of A$605.1M and total debt of A$247.6M, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are A$1.3B and A$669.3M respectively. Ricegrowers's EBIT is A$117.9M making its interest coverage ratio 6.9. It has cash and short-term investments of A$45.5M.
Key information
40.9%
Debt to equity ratio
AU$247.59m
Debt
| Interest coverage ratio | 6.9x |
| Cash | AU$45.53m |
| Equity | AU$605.08m |
| Total liabilities | AU$669.29m |
| Total assets | AU$1.27b |
Recent financial health updates
Recent updates
Ricegrowers' (ASX:SGLLV) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 29
Ricegrowers (ASX:SGLLV) Will Pay A Dividend Of A$0.10
Dec 17Ricegrowers (ASX:SGLLV) Has Re-Affirmed Its Dividend Of AU$0.33
Jun 27Ricegrowers (ASX:SGLLV) Will Be Looking To Turn Around Its Returns
May 11Should You Buy Ricegrowers Limited (ASX:SGLLV) For Its Dividend?
Apr 08Calculating The Intrinsic Value Of Ricegrowers Limited (ASX:SGLLV)
Mar 09Ricegrowers (ASX:SGLLV) Has Compensated Shareholders With A Respectable 87% Return On Their Investment
Feb 22Does Ricegrowers' (ASX:SGLLV) Returns On Capital Reflect Well On The Business?
Feb 03
Is Ricegrowers (ASX:SGLLV) Using Too Much Debt?
Jan 21Here's What You Should Know About Ricegrowers Limited's (ASX:SGLLV) 5.1% Dividend Yield
Jan 08Ricegrowers Limited's (ASX:SGLLV) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Dec 23How Is Ricegrowers' (ASX:SGLLV) CEO Compensated?
Dec 10Financial Position Analysis
Short Term Liabilities: SGLLV's short term assets (A$883.3M) exceed its short term liabilities (A$567.8M).
Long Term Liabilities: SGLLV's short term assets (A$883.3M) exceed its long term liabilities (A$101.4M).
Debt to Equity History and Analysis
Debt Level: SGLLV's net debt to equity ratio (33.4%) is considered satisfactory.
Reducing Debt: SGLLV's debt to equity ratio has increased from 32.9% to 40.9% over the past 5 years.
Debt Coverage: SGLLV's debt is well covered by operating cash flow (47.6%).
Interest Coverage: SGLLV's interest payments on its debt are well covered by EBIT (6.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 21:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/10/30 |
| Annual Earnings | 2024/04/30 |
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
Ricegrowers Limited is covered by 2 analysts. 2 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 |
|---|---|
| Allan Franklin | Canaccord Genuity |
| John Burgess | RaaS Advisory Pty Ltd |