Infratil Balance Sheet Health
Financial Health criteria checks 1/6
Infratil has a total shareholder equity of NZ$8.0B and total debt of NZ$5.4B, which brings its debt-to-equity ratio to 67.2%. Its total assets and total liabilities are NZ$16.0B and NZ$8.0B respectively. Infratil's EBIT is NZ$672.3M making its interest coverage ratio 2.8. It has cash and short-term investments of NZ$146.5M.
Key information
67.2%
Debt to equity ratio
NZ$5.37b
Debt
Interest coverage ratio | 2.8x |
Cash | NZ$146.50m |
Equity | NZ$7.99b |
Total liabilities | NZ$7.99b |
Total assets | NZ$15.98b |
Recent financial health updates
We Think Infratil (NZSE:IFT) Is Taking Some Risk With Its Debt
Feb 23Is Infratil (NZSE:IFT) Using Too Much Debt?
Nov 19Is Infratil (NZSE:IFT) A Risky Investment?
Mar 28Here's Why Infratil (NZSE:IFT) Has A Meaningful Debt Burden
Dec 08Recent updates
We Think Infratil (NZSE:IFT) Is Taking Some Risk With Its Debt
Feb 23Does Infratil (NZSE:IFT) Deserve A Spot On Your Watchlist?
Feb 02With Infratil Limited (NZSE:IFT) It Looks Like You'll Get What You Pay For
Dec 20Infratil's (NZSE:IFT) Dividend Will Be Reduced To NZ$0.0752
Nov 23Is Infratil (NZSE:IFT) Using Too Much Debt?
Nov 19With EPS Growth And More, Infratil (NZSE:IFT) Makes An Interesting Case
Oct 02Does Infratil (NZSE:IFT) Deserve A Spot On Your Watchlist?
Jun 18Is Infratil (NZSE:IFT) A Risky Investment?
Mar 28Here's Why Infratil (NZSE:IFT) Has A Meaningful Debt Burden
Dec 08Key Things To Consider Before Buying Infratil Limited (NZSE:IFT) For Its Dividend
Dec 02Financial Position Analysis
Short Term Liabilities: IFT's short term assets (NZ$979.3M) do not cover its short term liabilities (NZ$1.2B).
Long Term Liabilities: IFT's short term assets (NZ$979.3M) do not cover its long term liabilities (NZ$6.8B).
Debt to Equity History and Analysis
Debt Level: IFT's net debt to equity ratio (65.4%) is considered high.
Reducing Debt: IFT's debt to equity ratio has reduced from 94.4% to 67.2% over the past 5 years.
Debt Coverage: IFT's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: IFT's interest payments on its debt are not well covered by EBIT (2.8x coverage).