Nufarm Balance Sheet Health
Financial Health criteria checks 5/6
Nufarm has a total shareholder equity of A$2.2B and total debt of A$951.4M, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are A$4.4B and A$2.2B respectively. Nufarm's EBIT is A$64.7M making its interest coverage ratio 0.6. It has cash and short-term investments of A$463.6M.
Key information
43.0%
Debt to equity ratio
AU$951.35m
Debt
| Interest coverage ratio | 0.6x |
| Cash | AU$463.56m |
| Equity | AU$2.21b |
| Total liabilities | AU$2.22b |
| Total assets | AU$4.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NUF's short term assets (A$2.3B) exceed its short term liabilities (A$1.0B).
Long Term Liabilities: NUF's short term assets (A$2.3B) exceed its long term liabilities (A$1.2B).
Debt to Equity History and Analysis
Debt Level: NUF's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: NUF's debt to equity ratio has reduced from 78.9% to 43% over the past 5 years.
Debt Coverage: NUF's debt is well covered by operating cash flow (49.7%).
Interest Coverage: NUF's interest payments on its debt are not well covered by EBIT (0.6x coverage).