Allied Farmers Balance Sheet Health
Financial Health criteria checks 6/6
Allied Farmers has a total shareholder equity of NZ$20.0M and total debt of NZ$3.2M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are NZ$30.9M and NZ$10.9M respectively. Allied Farmers's EBIT is NZ$4.4M making its interest coverage ratio 8.6. It has cash and short-term investments of NZ$580.0K.
Key information
15.8%
Debt to equity ratio
NZ$3.16m
Debt
| Interest coverage ratio | 8.6x |
| Cash | NZ$580.00k |
| Equity | NZ$19.99m |
| Total liabilities | NZ$10.88m |
| Total assets | NZ$30.87m |
Recent financial health updates
Is Allied Farmers (NZSE:ALF) Using Too Much Debt?
Nov 27
Allied Farmers (NZSE:ALF) Seems To Use Debt Quite Sensibly
Mar 28Does Allied Farmers (NZSE:ALF) Have A Healthy Balance Sheet?
Nov 28Recent updates
Is Now The Time To Put Allied Farmers (NZSE:ALF) On Your Watchlist?
Feb 14Not Many Are Piling Into Allied Farmers Limited (NZSE:ALF) Just Yet
Jan 23Returns On Capital At Allied Farmers (NZSE:ALF) Paint A Concerning Picture
Apr 12Allied Farmers (NZSE:ALF) Is Reinvesting At Lower Rates Of Return
Dec 24Is Allied Farmers (NZSE:ALF) Using Too Much Debt?
Nov 27Investors Shouldn't Be Too Comfortable With Allied Farmers' (NZSE:ALF) Robust Earnings
Sep 06Returns On Capital At Allied Farmers (NZSE:ALF) Paint A Concerning Picture
Apr 18Allied Farmers (NZSE:ALF) Seems To Use Debt Quite Sensibly
Mar 28Why Allied Farmers Limited (NZSE:ALF) Should Be In Your Dividend Portfolio
Mar 07Estimating The Fair Value Of Allied Farmers Limited (NZSE:ALF)
Feb 12Will Weakness in Allied Farmers Limited's (NZSE:ALF) Stock Prove Temporary Given Strong Fundamentals?
Jan 22Should You Review Recent Insider Transactions At Allied Farmers Limited (NZSE:ALF)?
Jan 01Should You Buy Allied Farmers Limited (NZSE:ALF) For Its Upcoming Dividend?
Dec 06
Does Allied Farmers (NZSE:ALF) Have A Healthy Balance Sheet?
Nov 28Financial Position Analysis
Short Term Liabilities: ALF's short term assets (NZ$11.3M) exceed its short term liabilities (NZ$7.1M).
Long Term Liabilities: ALF's short term assets (NZ$11.3M) exceed its long term liabilities (NZ$3.7M).
Debt to Equity History and Analysis
Debt Level: ALF's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: ALF's debt to equity ratio has reduced from 197% to 15.8% over the past 5 years.
Debt Coverage: ALF's debt is well covered by operating cash flow (162.2%).
Interest Coverage: ALF's interest payments on its debt are well covered by EBIT (8.6x coverage).