ForFarmers Balance Sheet Health
Financial Health criteria checks 4/6
ForFarmers has a total shareholder equity of €320.4M and total debt of €67.9M, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are €840.8M and €520.4M respectively. ForFarmers's EBIT is €18.4M making its interest coverage ratio 2.3. It has cash and short-term investments of €46.5M.
Key information
21.2%
Debt to equity ratio
€67.90m
Debt
Interest coverage ratio | 2.3x |
Cash | €46.50m |
Equity | €320.40m |
Total liabilities | €520.40m |
Total assets | €840.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5FF's short term assets (€403.2M) exceed its short term liabilities (€371.5M).
Long Term Liabilities: 5FF's short term assets (€403.2M) exceed its long term liabilities (€148.9M).
Debt to Equity History and Analysis
Debt Level: 5FF's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: 5FF's debt to equity ratio has increased from 15.5% to 21.2% over the past 5 years.
Debt Coverage: 5FF's debt is well covered by operating cash flow (127.4%).
Interest Coverage: 5FF's interest payments on its debt are not well covered by EBIT (2.3x coverage).