Rural Funds Group Balance Sheet Health
Financial Health criteria checks 1/6
Rural Funds Group has a total shareholder equity of A$1.1B and total debt of A$787.7M, which brings its debt-to-equity ratio to 73.5%. Its total assets and total liabilities are A$1.9B and A$829.9M respectively. Rural Funds Group's EBIT is A$46.1M making its interest coverage ratio 1.9. It has cash and short-term investments of A$7.9M.
Key information
73.5%
Debt to equity ratio
AU$787.74m
Debt
| Interest coverage ratio | 1.9x |
| Cash | AU$7.86m |
| Equity | AU$1.07b |
| Total liabilities | AU$829.90m |
| Total assets | AU$1.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: J19's short term assets (A$94.6M) exceed its short term liabilities (A$55.9M).
Long Term Liabilities: J19's short term assets (A$94.6M) do not cover its long term liabilities (A$774.0M).
Debt to Equity History and Analysis
Debt Level: J19's net debt to equity ratio (72.8%) is considered high.
Reducing Debt: J19's debt to equity ratio has increased from 60.7% to 73.5% over the past 5 years.
Debt Coverage: J19's debt is not well covered by operating cash flow (4%).
Interest Coverage: J19's interest payments on its debt are not well covered by EBIT (1.9x coverage).