FirstFarms Balance Sheet Health
Financial Health criteria checks 2/6
FirstFarms has a total shareholder equity of DKK824.0M and total debt of DKK692.9M, which brings its debt-to-equity ratio to 84.1%. Its total assets and total liabilities are DKK1.7B and DKK899.4M respectively. FirstFarms's EBIT is DKK35.8M making its interest coverage ratio 1.1. It has cash and short-term investments of DKK202.7M.
Key information
84.1%
Debt to equity ratio
DKK 692.93m
Debt
Interest coverage ratio | 1.1x |
Cash | DKK 202.69m |
Equity | DKK 824.00m |
Total liabilities | DKK 899.43m |
Total assets | DKK 1.72b |
Recent financial health updates
Is FirstFarms (CPH:FFARMS) Using Too Much Debt?
Apr 06Is FirstFarms (CPH:FFARMS) A Risky Investment?
Dec 28Recent updates
Shaky Earnings May Not Tell The Whole Story For FirstFarms (CPH:FFARMS)
Mar 29Earnings Not Telling The Story For FirstFarms A/S (CPH:FFARMS)
Mar 01Should You Be Adding FirstFarms (CPH:FFARMS) To Your Watchlist Today?
Oct 12FirstFarms (CPH:FFARMS) Is Increasing Its Dividend To DKK0.95
Apr 11FirstFarms (CPH:FFARMS) Is Paying Out A Larger Dividend Than Last Year
Mar 28I Built A List Of Growing Companies And FirstFarms (CPH:FFARMS) Made The Cut
Mar 08You Have To Love FirstFarms A/S's (CPH:FFARMS) Dividend
Apr 30Is FirstFarms (CPH:FFARMS) Using Too Much Debt?
Apr 06Are FirstFarms A/S' (CPH:FFARMS) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Mar 14The FirstFarms (CPH:FFARMS) Share Price Is Up 49% And Shareholders Are Holding On
Feb 20Are FirstFarms' (CPH:FFARMS) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 02Here's Why I Think FirstFarms (CPH:FFARMS) Is An Interesting Stock
Jan 14Is FirstFarms (CPH:FFARMS) A Risky Investment?
Dec 28FirstFarms A/S (CPH:FFARMS) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Dec 08FirstFarms (CPH:FFARMS) Shareholders Booked A 57% Gain In The Last Five Years
Nov 18Financial Position Analysis
Short Term Liabilities: FFARMS's short term assets (DKK493.4M) exceed its short term liabilities (DKK159.9M).
Long Term Liabilities: FFARMS's short term assets (DKK493.4M) do not cover its long term liabilities (DKK739.5M).
Debt to Equity History and Analysis
Debt Level: FFARMS's net debt to equity ratio (59.5%) is considered high.
Reducing Debt: FFARMS's debt to equity ratio has reduced from 100.8% to 84.1% over the past 5 years.
Debt Coverage: FFARMS's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: FFARMS's interest payments on its debt are not well covered by EBIT (1.1x coverage).