FirstFarms Balance Sheet Health

Financial Health criteria checks 2/6

FirstFarms has a total shareholder equity of DKK722.2M and total debt of DKK536.4M, which brings its debt-to-equity ratio to 74.3%. Its total assets and total liabilities are DKK1.5B and DKK787.5M respectively. FirstFarms's EBIT is DKK39.0M making its interest coverage ratio 1.5. It has cash and short-term investments of DKK25.9M.

Key information

74.3%

Debt to equity ratio

kr.536.43m

Debt

Interest coverage ratio	1.5x
Cash	kr.25.88m
Equity	kr.722.20m
Total liabilities	kr.787.49m
Total assets	kr.1.51b

Recent financial health updates

Is FirstFarms (CPH:FFARMS) Using Too Much Debt?

Apr 06

Is FirstFarms (CPH:FFARMS) A Risky Investment?

Dec 28

Recent updates

Are FirstFarms A/S' (CPH:FFARMS) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

Mar 14

The FirstFarms (CPH:FFARMS) Share Price Is Up 49% And Shareholders Are Holding On

Feb 20

Are FirstFarms' (CPH:FFARMS) Statutory Earnings A Good Guide To Its Underlying Profitability?

Feb 02

Here's Why I Think FirstFarms (CPH:FFARMS) Is An Interesting Stock

Jan 14

Is FirstFarms (CPH:FFARMS) A Risky Investment?

Dec 28

FirstFarms A/S (CPH:FFARMS) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Dec 08

FirstFarms (CPH:FFARMS) Shareholders Booked A 57% Gain In The Last Five Years

Nov 18

Financial Position Analysis

Short Term Liabilities: FFARMS's short term assets (DKK282.4M) exceed its short term liabilities (DKK132.5M).

Long Term Liabilities: FFARMS's short term assets (DKK282.4M) do not cover its long term liabilities (DKK655.0M).

Debt to Equity History and Analysis

Debt Level: FFARMS's net debt to equity ratio (70.7%) is considered high.

Reducing Debt: FFARMS's debt to equity ratio has reduced from 84.9% to 74.3% over the past 5 years.

Debt Coverage: FFARMS's debt is not well covered by operating cash flow (19.3%).

Interest Coverage: FFARMS's interest payments on its debt are not well covered by EBIT (1.5x coverage).

FirstFarms Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

Is FirstFarms (CPH:FFARMS) Using Too Much Debt?

Is FirstFarms (CPH:FFARMS) A Risky Investment?

Recent updates

FirstFarms A/S Elects Lise Kaae as Member of the Board of Directors

Shaky Earnings May Not Tell The Whole Story For FirstFarms (CPH:FFARMS)

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: kr.2.68 (vs kr.6.92 in FY 2022)

An unknown buyer acquired a 11.54% stake in FirstFarms A/S (CPSE:FFARMS) from Olav W. Hansen A/S.

Earnings Not Telling The Story For FirstFarms A/S (CPH:FFARMS)

Investor sentiment improves as stock rises 15%

New major risk - Financial position

FirstFarms A/S to Report Nine Months, 2024 Results on Nov 27, 2024

Third quarter 2023 earnings released: kr.0.99 loss per share (vs kr.3.57 profit in 3Q 2022)

FirstFarms A/S Revises Earnings Guidance for the Year 2023

New minor risk - Market cap size

Should You Be Adding FirstFarms (CPH:FFARMS) To Your Watchlist Today?

FirstFarms A/S Maintains Earnings Guidance for the Full Year 2023

Second quarter 2023 earnings released: EPS: kr.1.65 (vs kr.2.06 in 2Q 2022)

FirstFarms A/S Reaffirms Earnings Guidance for the Year 2023

Upcoming dividend of kr.0.95 per share at 1.1% yield

FirstFarms (CPH:FFARMS) Is Increasing Its Dividend To DKK0.95

FirstFarms (CPH:FFARMS) Is Paying Out A Larger Dividend Than Last Year

Full year 2022 earnings released: EPS: kr.7.56 (vs kr.4.42 in FY 2021)

FirstFarms A/S Revises Earnings Guidance for the Year 2022

Chairman of the Board recently bought kr.4.5m worth of stock

Third quarter 2022 earnings released: EPS: kr.3.57 (vs kr.0.30 loss in 3Q 2021)

FirstFarms A/S to Report Fiscal Year 2022 Results on Mar 24, 2023

FirstFarms A/S Provides Earnings Guidance for the Year 2022

Third quarter 2021 earnings released: kr.0.30 loss per share (vs kr.1.34 loss in 3Q 2020)

FirstFarms A/S (CPSE:FFARMS) completed the acquisition of Try-Béta Kft for DKK 27 million.

FirstFarms A/S Affirms Earnings Guidance for the Year 2022

Third quarter 2021 earnings released: kr.0.30 loss per share (vs kr.1.34 loss in 3Q 2020)

FirstFarms A/S Elects Claus Ewers as New Member to Board of Directors

Upcoming dividend of kr.0.85 per share

FirstFarms A/S Recommends Dividend

Investor sentiment improved over the past week

I Built A List Of Growing Companies And FirstFarms (CPH:FFARMS) Made The Cut

FirstFarms A/S (CPSE:FFARMS) entered into agreement to acquire Try-Béta Kft for DKK 26 million.

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

An unknown buyer completed the acquisition of Northwest Romanian Activities from FirstFarms A/S (CPSE:FFARMS).

Second quarter 2021 earnings released: EPS kr.1.44 (vs kr.2.53 in 2Q 2020)

FirstFarms A/S Provides Earnings Guidance for the Year 2021

An unknown buyer agreed to acquire Northwest Romanian Activities from FirstFarms A/S (CPSE:FFARMS).

You Have To Love FirstFarms A/S's (CPH:FFARMS) Dividend

FirstFarms A/S Announces Dividend for the Year

Upcoming dividend of kr.0.75 per share

Is FirstFarms (CPH:FFARMS) Using Too Much Debt?

Full year 2020 earnings released: EPS kr.3.57 (vs kr.3.55 in FY 2019)

FirstFarms A/S Revises Earnings Guidance for the Year 2020

FirstFarms A/S Provides Earnings Guidance for the Year 2020

Are FirstFarms A/S' (CPH:FFARMS) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

New 90-day high: kr.66.00

The FirstFarms (CPH:FFARMS) Share Price Is Up 49% And Shareholders Are Holding On

Are FirstFarms' (CPH:FFARMS) Statutory Earnings A Good Guide To Its Underlying Profitability?

FirstFarms A/S Completes Tranche No. 3 of Land Sale

New 90-day low: kr.61.40

Here's Why I Think FirstFarms (CPH:FFARMS) Is An Interesting Stock

Is FirstFarms (CPH:FFARMS) A Risky Investment?

FirstFarms A/S (CPH:FFARMS) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

Third quarter 2020 earnings released: kr.1.34 loss per share

FirstFarms A/S to Report Nine Months, 2021 Results on Nov 21, 2021

FirstFarms (CPH:FFARMS) Shareholders Booked A 57% Gain In The Last Five Years

Firstfarms A/S Appoints Michael Hyldgaard as Group CFO

New 90-day high - kr.64.80

Earnings released

New 90-day high - kr.64.20

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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