Elders Balance Sheet Health
Financial Health criteria checks 3/6
Elders has a total shareholder equity of A$845.2M and total debt of A$477.0M, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are A$2.3B and A$1.5B respectively. Elders's EBIT is A$113.6M making its interest coverage ratio 3.7. It has cash and short-term investments of A$40.2M.
Key information
56.4%
Debt to equity ratio
AU$477.00m
Debt
| Interest coverage ratio | 3.7x |
| Cash | AU$40.21m |
| Equity | AU$845.19m |
| Total liabilities | AU$1.48b |
| Total assets | AU$2.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELD's short term assets (A$1.4B) exceed its short term liabilities (A$1.1B).
Long Term Liabilities: ELD's short term assets (A$1.4B) exceed its long term liabilities (A$404.6M).
Debt to Equity History and Analysis
Debt Level: ELD's net debt to equity ratio (51.7%) is considered high.
Reducing Debt: ELD's debt to equity ratio has increased from 20.3% to 56.4% over the past 5 years.
Debt Coverage: ELD's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: ELD's interest payments on its debt are well covered by EBIT (3.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 09:07 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Elders Limited is covered by 21 analysts. 8 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 |
| Jonathan Snape | Bell Potter |
| William Park | Citigroup Inc |