Freshpet Balance Sheet Health
Financial Health criteria checks 5/6
Freshpet has a total shareholder equity of $1.0B and total debt of $394.6M, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are $1.5B and $510.3M respectively. Freshpet's EBIT is $34.0M making its interest coverage ratio -41.6. It has cash and short-term investments of $274.6M.
Key information
38.6%
Debt to equity ratio
US$394.63m
Debt
| Interest coverage ratio | -41.6x |
| Cash | US$274.59m |
| Equity | US$1.02b |
| Total liabilities | US$510.25m |
| Total assets | US$1.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7FP's short term assets ($421.3M) exceed its short term liabilities ($89.2M).
Long Term Liabilities: 7FP's short term assets ($421.3M) exceed its long term liabilities ($421.0M).
Debt to Equity History and Analysis
Debt Level: 7FP's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: 7FP's debt to equity ratio has increased from 28.6% to 38.6% over the past 5 years.
Debt Coverage: 7FP's debt is well covered by operating cash flow (35.7%).
Interest Coverage: 7FP earns more interest than it pays, so coverage of interest payments is not a concern.