Hortifrut Balance Sheet Health
Financial Health criteria checks 1/6
Hortifrut has a total shareholder equity of $752.0M and total debt of $707.6M, which brings its debt-to-equity ratio to 94.1%. Its total assets and total liabilities are $1.9B and $1.2B respectively. Hortifrut's EBIT is $61.8M making its interest coverage ratio 1.4. It has cash and short-term investments of $54.0M.
Key information
94.1%
Debt to equity ratio
US$707.60m
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$54.04m |
| Equity | US$752.01m |
| Total liabilities | US$1.17b |
| Total assets | US$1.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HF-B's short term assets ($553.4M) exceed its short term liabilities ($449.4M).
Long Term Liabilities: HF-B's short term assets ($553.4M) do not cover its long term liabilities ($721.0M).
Debt to Equity History and Analysis
Debt Level: HF-B's net debt to equity ratio (86.9%) is considered high.
Reducing Debt: HF-B's debt to equity ratio has increased from 92.5% to 94.1% over the past 5 years.
Debt Coverage: HF-B's debt is not well covered by operating cash flow (17%).
Interest Coverage: HF-B's interest payments on its debt are not well covered by EBIT (1.4x coverage).