Farmland Partners Balance Sheet Health
Financial Health criteria checks 2/6
Farmland Partners has a total shareholder equity of $630.8M and total debt of $360.9M, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are $1.0B and $391.2M respectively. Farmland Partners's EBIT is $23.9M making its interest coverage ratio 1.1. It has cash and short-term investments of $7.2M.
Key information
57.2%
Debt to equity ratio
US$360.86m
Debt
Interest coverage ratio | 1.1x |
Cash | US$7.20m |
Equity | US$630.81m |
Total liabilities | US$391.19m |
Total assets | US$1.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0FA's short term assets ($37.3M) exceed its short term liabilities ($28.0M).
Long Term Liabilities: 0FA's short term assets ($37.3M) do not cover its long term liabilities ($363.2M).
Debt to Equity History and Analysis
Debt Level: 0FA's net debt to equity ratio (56.1%) is considered high.
Reducing Debt: 0FA's debt to equity ratio has reduced from 86.9% to 57.2% over the past 5 years.
Debt Coverage: 0FA's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: 0FA's interest payments on its debt are not well covered by EBIT (1.1x coverage).