Farmland Partners Balance Sheet Health
Financial Health criteria checks 2/6
Farmland Partners has a total shareholder equity of $620.6M and total debt of $392.2M, which brings its debt-to-equity ratio to 63.2%. Its total assets and total liabilities are $1.0B and $406.5M respectively. Farmland Partners's EBIT is $27.5M making its interest coverage ratio 1.3. It has cash and short-term investments of $8.9M.
Key information
63.2%
Debt to equity ratio
US$392.24m
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$8.90m |
| Equity | US$620.64m |
| Total liabilities | US$406.48m |
| Total assets | US$1.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0FA's short term assets ($39.1M) exceed its short term liabilities ($38.9M).
Long Term Liabilities: 0FA's short term assets ($39.1M) do not cover its long term liabilities ($367.6M).
Debt to Equity History and Analysis
Debt Level: 0FA's net debt to equity ratio (61.8%) is considered high.
Reducing Debt: 0FA's debt to equity ratio has reduced from 89.8% to 63.2% over the past 5 years.
Debt Coverage: 0FA's debt is not well covered by operating cash flow (2.2%).
Interest Coverage: 0FA's interest payments on its debt are not well covered by EBIT (1.3x coverage).