Fonterra Co-operative Group Balance Sheet Health
Financial Health criteria checks 5/6
Fonterra Co-operative Group has a total shareholder equity of NZ$8.1B and total debt of NZ$4.6B, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are NZ$18.2B and NZ$10.2B respectively. Fonterra Co-operative Group's EBIT is NZ$2.0B making its interest coverage ratio 10.1. It has cash and short-term investments of NZ$239.0M.
Key information
57.4%
Debt to equity ratio
NZ$4.64b
Debt
| Interest coverage ratio | 10.1x |
| Cash | NZ$239.00m |
| Equity | NZ$8.08b |
| Total liabilities | NZ$10.15b |
| Total assets | NZ$18.23b |
Recent financial health updates
Fonterra Co-operative Group (NZSE:FCG) Has A Pretty Healthy Balance Sheet
Sep 23
Fonterra Co-operative Group (NZSE:FCG) Has A Somewhat Strained Balance Sheet
Jun 25Fonterra Co-operative Group (NZSE:FCG) Has A Somewhat Strained Balance Sheet
Mar 17These 4 Measures Indicate That Fonterra Co-operative Group (NZSE:FCG) Is Using Debt Extensively
Dec 14Is Fonterra Co-operative Group (NZSE:FCG) Using Too Much Debt?
Jun 29Does Fonterra Co-operative Group (NZSE:FCG) Have A Healthy Balance Sheet?
Mar 30Recent updates
Take Care Before Diving Into The Deep End On Fonterra Co-operative Group Limited (NZSE:FCG)
Jan 05Should You Be Adding Fonterra Co-operative Group (NZSE:FCG) To Your Watchlist Today?
Nov 30Increases to CEO Compensation Might Be Put On Hold For Now at Fonterra Co-operative Group Limited (NZSE:FCG)
Nov 02Fonterra Co-operative Group (NZSE:FCG) Has A Pretty Healthy Balance Sheet
Sep 23Here's Why Fonterra Co-operative Group (NZSE:FCG) Has Caught The Eye Of Investors
Aug 01Fonterra Co-operative Group (NZSE:FCG) Has A Somewhat Strained Balance Sheet
Jun 25Does Fonterra Co-operative Group (NZSE:FCG) Deserve A Spot On Your Watchlist?
May 03Fonterra Co-operative Group (NZSE:FCG) Has A Somewhat Strained Balance Sheet
Mar 17These 4 Measures Indicate That Fonterra Co-operative Group (NZSE:FCG) Is Using Debt Extensively
Dec 14Fonterra Co-operative Group's (NZSE:FCG) Dividend Will Be NZ$0.15
Sep 25Is Fonterra Co-operative Group (NZSE:FCG) Using Too Much Debt?
Jun 29Does Fonterra Co-operative Group (NZSE:FCG) Have A Healthy Balance Sheet?
Mar 30A Look At The Fair Value Of Fonterra Co-operative Group Limited (NZSE:FCG)
Oct 28We Think Fonterra Co-operative Group (NZSE:FCG) Is Taking Some Risk With Its Debt
Jul 06If You Like EPS Growth Then Check Out Fonterra Co-operative Group (NZSE:FCG) Before It's Too Late
May 02Is Fonterra Co-operative Group Limited (NZSE:FCG) A Smart Pick For Income Investors?
Apr 17Estimating The Intrinsic Value Of Fonterra Co-operative Group Limited (NZSE:FCG)
Mar 18We're Not Counting On Fonterra Co-operative Group (NZSE:FCG) To Sustain Its Statutory Profitability
Jan 29Fonterra Co-operative Group (NZSE:FCG) Takes On Some Risk With Its Use Of Debt
Jan 03Fonterra Co-operative Group Limited's (NZSE:FCG) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Dec 07Financial Position Analysis
Short Term Liabilities: FCG's short term assets (NZ$9.2B) exceed its short term liabilities (NZ$6.5B).
Long Term Liabilities: FCG's short term assets (NZ$9.2B) exceed its long term liabilities (NZ$3.6B).
Debt to Equity History and Analysis
Debt Level: FCG's net debt to equity ratio (54.5%) is considered high.
Reducing Debt: FCG's debt to equity ratio has reduced from 117.6% to 57.4% over the past 5 years.
Debt Coverage: FCG's debt is well covered by operating cash flow (60.8%).
Interest Coverage: FCG's interest payments on its debt are well covered by EBIT (10.1x coverage).