Winton Land Balance Sheet Health
Financial Health criteria checks 5/6
Winton Land has a total shareholder equity of NZ$519.5M and total debt of NZ$64.0M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are NZ$654.1M and NZ$134.5M respectively. Winton Land's EBIT is NZ$27.8M making its interest coverage ratio -19.2. It has cash and short-term investments of NZ$41.7M.
Key information
12.3%
Debt to equity ratio
NZ$64.05m
Debt
| Interest coverage ratio | -19.2x |
| Cash | NZ$41.69m |
| Equity | NZ$519.55m |
| Total liabilities | NZ$134.51m |
| Total assets | NZ$654.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WTN's short term assets (NZ$126.6M) exceed its short term liabilities (NZ$30.0M).
Long Term Liabilities: WTN's short term assets (NZ$126.6M) exceed its long term liabilities (NZ$104.5M).
Debt to Equity History and Analysis
Debt Level: WTN's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if WTN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WTN's debt is well covered by operating cash flow (22.2%).
Interest Coverage: WTN earns more interest than it pays, so coverage of interest payments is not a concern.