Fletcher Building Balance Sheet Health
Financial Health criteria checks 3/6
Fletcher Building has a total shareholder equity of NZ$3.4B and total debt of NZ$2.2B, which brings its debt-to-equity ratio to 64.2%. Its total assets and total liabilities are NZ$8.9B and NZ$5.5B respectively. Fletcher Building's EBIT is NZ$672.0M making its interest coverage ratio 4. It has cash and short-term investments of NZ$215.0M.
Key information
64.2%
Debt to equity ratio
NZ$2.18b
Debt
| Interest coverage ratio | 4x |
| Cash | NZ$215.00m |
| Equity | NZ$3.40b |
| Total liabilities | NZ$5.52b |
| Total assets | NZ$8.93b |
Recent financial health updates
These 4 Measures Indicate That Fletcher Building (NZSE:FBU) Is Using Debt Extensively
Dec 18
Here's Why Fletcher Building (NZSE:FBU) Has A Meaningful Debt Burden
Jun 02Is Fletcher Building (NZSE:FBU) A Risky Investment?
Feb 22Here's Why Fletcher Building (NZSE:FBU) Can Manage Its Debt Responsibly
Feb 18These 4 Measures Indicate That Fletcher Building (NZSE:FBU) Is Using Debt Reasonably Well
Sep 16These 4 Measures Indicate That Fletcher Building (NZSE:FBU) Is Using Debt Extensively
Mar 28Recent updates
The Returns At Fletcher Building (NZSE:FBU) Aren't Growing
Apr 30There's Reason For Concern Over Fletcher Building Limited's (NZSE:FBU) Massive 26% Price Jump
Mar 16Fletcher Building's (NZSE:FBU) Soft Earnings Don't Show The Whole Picture
Feb 20The Price Is Right For Fletcher Building Limited (NZSE:FBU)
Jan 15These 4 Measures Indicate That Fletcher Building (NZSE:FBU) Is Using Debt Extensively
Dec 18Most Shareholders Will Probably Find That The CEO Compensation For Fletcher Building Limited (NZSE:FBU) Is Reasonable
Oct 20Is Fletcher Building Limited (NZSE:FBU) Trading At A 49% Discount?
Oct 19Why Fletcher Building Limited (NZSE:FBU) Could Be Worth Watching
Oct 03Fletcher Building (NZSE:FBU) Is Paying Out Less In Dividends Than Last Year
Aug 25Estimating The Intrinsic Value Of Fletcher Building Limited (NZSE:FBU)
Jul 11What Is Fletcher Building Limited's (NZSE:FBU) Share Price Doing?
Jun 20Here's Why Fletcher Building (NZSE:FBU) Has A Meaningful Debt Burden
Jun 02Is There An Opportunity With Fletcher Building Limited's (NZSE:FBU) 32% Undervaluation?
Mar 13Is Fletcher Building (NZSE:FBU) A Risky Investment?
Feb 22Should You Think About Buying Fletcher Building Limited (NZSE:FBU) Now?
Feb 08Are Investors Undervaluing Fletcher Building Limited (NZSE:FBU) By 44%?
Nov 16Is Now The Time To Look At Buying Fletcher Building Limited (NZSE:FBU)?
Oct 31We Think Some Shareholders May Hesitate To Increase Fletcher Building Limited's (NZSE:FBU) CEO Compensation
Oct 19Do Fletcher Building's (NZSE:FBU) Earnings Warrant Your Attention?
Sep 30Is Fletcher Building Limited (NZSE:FBU) Trading At A 34% Discount?
Aug 14When Should You Buy Fletcher Building Limited (NZSE:FBU)?
Jul 18Fletcher Building Limited's (NZSE:FBU) Intrinsic Value Is Potentially 68% Above Its Share Price
Apr 27What Is Fletcher Building Limited's (NZSE:FBU) Share Price Doing?
Apr 02Here's Why Fletcher Building (NZSE:FBU) Can Manage Its Debt Responsibly
Feb 18This Is Why Fletcher Building Limited's (NZSE:FBU) CEO Compensation Looks Appropriate
Oct 12These 4 Measures Indicate That Fletcher Building (NZSE:FBU) Is Using Debt Reasonably Well
Sep 16At NZ$7.56, Is It Time To Put Fletcher Building Limited (NZSE:FBU) On Your Watch List?
Jul 29A Look At The Intrinsic Value Of Fletcher Building Limited (NZSE:FBU)
May 03At NZ$7.04, Is Fletcher Building Limited (NZSE:FBU) Worth Looking At Closely?
Apr 15These 4 Measures Indicate That Fletcher Building (NZSE:FBU) Is Using Debt Extensively
Mar 28How Much Of Fletcher Building Limited (NZSE:FBU) Do Institutions Own?
Mar 07Why It Might Not Make Sense To Buy Fletcher Building Limited (NZSE:FBU) For Its Upcoming Dividend
Feb 20Fletcher Building Limited (NZSE:FBU) Analysts Are Pretty Bullish On The Stock After Recent Results
Feb 19Would Shareholders Who Purchased Fletcher Building's (NZSE:FBU) Stock Three Years Be Happy With The Share price Today?
Jan 24Why Fletcher Building's (NZSE:FBU) CEO Pay Matters
Dec 29Fletcher Building (NZSE:FBU) Seems To Be Using A Lot Of Debt
Dec 08Is Fletcher Building Limited (NZSE:FBU) Popular Amongst Institutions?
Nov 17Financial Position Analysis
Short Term Liabilities: FBU's short term assets (NZ$3.2B) exceed its short term liabilities (NZ$1.9B).
Long Term Liabilities: FBU's short term assets (NZ$3.2B) do not cover its long term liabilities (NZ$3.7B).
Debt to Equity History and Analysis
Debt Level: FBU's net debt to equity ratio (57.9%) is considered high.
Reducing Debt: FBU's debt to equity ratio has increased from 42.9% to 64.2% over the past 5 years.
Debt Coverage: FBU's debt is well covered by operating cash flow (21.3%).
Interest Coverage: FBU's interest payments on its debt are well covered by EBIT (4x coverage).