Bega Cheese Balance Sheet Health
Financial Health criteria checks 5/6
Bega Cheese has a total shareholder equity of A$1.0B and total debt of A$226.7M, which brings its debt-to-equity ratio to 22.3%. Its total assets and total liabilities are A$2.1B and A$1.1B respectively. Bega Cheese's EBIT is A$52.0M making its interest coverage ratio 1.7. It has cash and short-term investments of A$65.6M.
Key information
22.3%
Debt to equity ratio
AU$226.70m
Debt
| Interest coverage ratio | 1.7x |
| Cash | AU$65.60m |
| Equity | AU$1.01b |
| Total liabilities | AU$1.12b |
| Total assets | AU$2.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BGA's short term assets (A$821.7M) exceed its short term liabilities (A$707.5M).
Long Term Liabilities: BGA's short term assets (A$821.7M) exceed its long term liabilities (A$416.5M).
Debt to Equity History and Analysis
Debt Level: BGA's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: BGA's debt to equity ratio has reduced from 38.8% to 22.3% over the past 5 years.
Debt Coverage: BGA's debt is well covered by operating cash flow (59.2%).
Interest Coverage: BGA's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 09:03 |
| End of Day Share Price | 2024/12/31 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
Bega Cheese Limited is covered by 18 analysts. 9 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 |
| Josh Kannourakis | Barrenjoey Markets Pty Limited |
| Jonathan Snape | Bell Potter |