Nufarm Balance Sheet Health
Financial Health criteria checks 4/6
Nufarm has a total shareholder equity of A$2.3B and total debt of A$1.1B, which brings its debt-to-equity ratio to 48.3%. Its total assets and total liabilities are A$4.6B and A$2.3B respectively. Nufarm's EBIT is A$240.6M making its interest coverage ratio 2.9. It has cash and short-term investments of A$411.0M.
Key information
48.3%
Debt to equity ratio
AU$1.12b
Debt
| Interest coverage ratio | 2.9x |
| Cash | AU$410.96m |
| Equity | AU$2.31b |
| Total liabilities | AU$2.32b |
| Total assets | AU$4.63b |
Recent financial health updates
We Think Nufarm (ASX:NUF) Is Taking Some Risk With Its Debt
Mar 16
Is Nufarm (ASX:NUF) A Risky Investment?
Jun 06These 4 Measures Indicate That Nufarm (ASX:NUF) Is Using Debt Reasonably Well
Jan 17Here's Why Nufarm (ASX:NUF) Can Manage Its Debt Responsibly
Sep 14We Think Nufarm (ASX:NUF) Can Stay On Top Of Its Debt
Dec 17We Think Nufarm (ASX:NUF) Has A Fair Chunk Of Debt
Jan 22
Recent updates
Potential Upside For Nufarm Limited (ASX:NUF) Not Without Risk
Apr 09We Think Nufarm (ASX:NUF) Is Taking Some Risk With Its Debt
Mar 16Investors Met With Slowing Returns on Capital At Nufarm (ASX:NUF)
Dec 12Nufarm's (ASX:NUF) Dividend Will Be Reduced To A$0.05
Nov 18Is Now The Time To Put Nufarm (ASX:NUF) On Your Watchlist?
Oct 25Are Investors Undervaluing Nufarm Limited (ASX:NUF) By 33%?
Sep 17Nufarm's (ASX:NUF) Returns On Capital Not Reflecting Well On The Business
Sep 01If EPS Growth Is Important To You, Nufarm (ASX:NUF) Presents An Opportunity
Jul 04Is Nufarm (ASX:NUF) A Risky Investment?
Jun 06Nufarm (ASX:NUF) Is Paying Out A Larger Dividend Than Last Year
May 21Estimating The Fair Value Of Nufarm Limited (ASX:NUF)
May 18Here's Why We Think Nufarm (ASX:NUF) Is Well Worth Watching
Mar 14These 4 Measures Indicate That Nufarm (ASX:NUF) Is Using Debt Reasonably Well
Jan 17Broker Revenue Forecasts For Nufarm Limited (ASX:NUF) Are Surging Higher
Nov 16Here's Why Nufarm (ASX:NUF) Can Manage Its Debt Responsibly
Sep 14An Intrinsic Calculation For Nufarm Limited (ASX:NUF) Suggests It's 49% Undervalued
May 26Is There An Opportunity With Nufarm Limited's (ASX:NUF) 30% Undervaluation?
Feb 14We Think Nufarm (ASX:NUF) Can Stay On Top Of Its Debt
Dec 17Nufarm Limited (ASX:NUF) On The Verge Of Breaking Even
Mar 01How Much Of Nufarm Limited (ASX:NUF) Do Insiders Own?
Feb 09We Think Nufarm (ASX:NUF) Has A Fair Chunk Of Debt
Jan 22How Much Are Nufarm Limited (ASX:NUF) Insiders Spending On Buying Shares?
Jan 04Nufarm's (ASX:NUF) Stock Price Has Reduced 50% In The Past Three Years
Dec 14Does Nufarm's (ASX:NUF) CEO Salary Compare Well With Industry Peers?
Nov 23Financial Position Analysis
Short Term Liabilities: NUF's short term assets (A$2.6B) exceed its short term liabilities (A$873.0M).
Long Term Liabilities: NUF's short term assets (A$2.6B) exceed its long term liabilities (A$1.4B).
Debt to Equity History and Analysis
Debt Level: NUF's net debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: NUF's debt to equity ratio has reduced from 85% to 48.3% over the past 5 years.
Debt Coverage: NUF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NUF's interest payments on its debt are not well covered by EBIT (2.9x coverage).