ForFarmers Balance Sheet Health
Financial Health criteria checks 5/6
ForFarmers has a total shareholder equity of €344.2M and total debt of €137.0M, which brings its debt-to-equity ratio to 39.8%. Its total assets and total liabilities are €1.0B and €676.2M respectively. ForFarmers's EBIT is €27.1M making its interest coverage ratio 5.4. It has cash and short-term investments of €68.4M.
Key information
39.8%
Debt to equity ratio
€137.00m
Debt
Interest coverage ratio | 5.4x |
Cash | €68.40m |
Equity | €344.20m |
Total liabilities | €676.20m |
Total assets | €1.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FFARMA's short term assets (€559.1M) exceed its short term liabilities (€500.6M).
Long Term Liabilities: FFARMA's short term assets (€559.1M) exceed its long term liabilities (€175.6M).
Debt to Equity History and Analysis
Debt Level: FFARMA's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: FFARMA's debt to equity ratio has increased from 23% to 39.8% over the past 5 years.
Debt Coverage: FFARMA's debt is well covered by operating cash flow (35.2%).
Interest Coverage: FFARMA's interest payments on its debt are well covered by EBIT (5.4x coverage).