Ag Growth International Balance Sheet Health
Financial Health criteria checks 1/6
Ag Growth International has a total shareholder equity of CA$327.8M and total debt of CA$897.1M, which brings its debt-to-equity ratio to 273.7%. Its total assets and total liabilities are CA$1.7B and CA$1.4B respectively. Ag Growth International's EBIT is CA$168.0M making its interest coverage ratio 2.3. It has cash and short-term investments of CA$89.3M.
Key information
273.7%
Debt to equity ratio
CA$897.09m
Debt
| Interest coverage ratio | 2.3x |
| Cash | CA$89.31m |
| Equity | CA$327.80m |
| Total liabilities | CA$1.36b |
| Total assets | CA$1.68b |
Recent financial health updates
Is Ag Growth International (TSE:AFN) Using Too Much Debt?
Mar 07
Ag Growth International (TSE:AFN) Takes On Some Risk With Its Use Of Debt
Nov 06These 4 Measures Indicate That Ag Growth International (TSE:AFN) Is Using Debt Extensively
May 10Ag Growth International (TSE:AFN) Seems To Be Using A Lot Of Debt
Feb 19Ag Growth International (TSE:AFN) Has No Shortage Of Debt
Aug 18Recent updates
Ag Growth International Inc.'s (TSE:AFN) Business Is Trailing The Industry But Its Shares Aren't
May 01Is Ag Growth International (TSE:AFN) Using Too Much Debt?
Mar 07Ag Growth International (TSE:AFN) Takes On Some Risk With Its Use Of Debt
Nov 06These 4 Measures Indicate That Ag Growth International (TSE:AFN) Is Using Debt Extensively
May 10Ag Growth International (TSE:AFN) Is Due To Pay A Dividend Of CA$0.15
Mar 28Are Investors Undervaluing Ag Growth International Inc. (TSE:AFN) By 33%?
Mar 13Ag Growth International (TSE:AFN) Has Announced A Dividend Of CA$0.15
Sep 27Ag Growth International (TSE:AFN) Seems To Be Using A Lot Of Debt
Feb 19Ag Growth International (TSE:AFN) Has Re-Affirmed Its Dividend Of CA$0.15
Sep 23Ag Growth International (TSE:AFN) Has No Shortage Of Debt
Aug 18Ag Growth International (TSE:AFN) Has Affirmed Its Dividend Of CA$0.15
Jun 25Know This Before Buying Ag Growth International Inc. (TSE:AFN) For Its Dividend
Mar 09Calculating The Fair Value Of Ag Growth International Inc. (TSE:AFN)
Jan 16
Ag Growth International's (TSE:AFN) Stock Price Has Reduced 44% In The Past Three Years
Dec 21Here's What We Learned About The CEO Pay At Ag Growth International Inc. (TSE:AFN)
Nov 30Financial Position Analysis
Short Term Liabilities: AFN's short term assets (CA$677.1M) exceed its short term liabilities (CA$536.0M).
Long Term Liabilities: AFN's short term assets (CA$677.1M) do not cover its long term liabilities (CA$819.8M).
Debt to Equity History and Analysis
Debt Level: AFN's net debt to equity ratio (246.4%) is considered high.
Reducing Debt: AFN's debt to equity ratio has increased from 187.6% to 273.7% over the past 5 years.
Debt Coverage: AFN's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: AFN's interest payments on its debt are not well covered by EBIT (2.3x coverage).