Fonterra Co-operative Group Limited

NZSE:FCG Stock Report

Market Cap: NZ$7.1b

Fonterra Co-operative Group Balance Sheet Health

Financial Health criteria checks 6/6

Fonterra Co-operative Group has a total shareholder equity of NZ$8.2B and total debt of NZ$3.0B, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are NZ$16.7B and NZ$8.5B respectively. Fonterra Co-operative Group's EBIT is NZ$1.6B making its interest coverage ratio 8.4. It has cash and short-term investments of NZ$540.0M.

Key information

36.9%

Debt to equity ratio

NZ$3.02b

Debt

Interest coverage ratio8.4x
CashNZ$540.00m
EquityNZ$8.18b
Total liabilitiesNZ$8.50b
Total assetsNZ$16.68b

Recent financial health updates

Recent updates

Here's Why Fonterra Co-operative Group (NZSE:FCG) Has A Meaningful Debt Burden

Dec 06
Here's Why Fonterra Co-operative Group (NZSE:FCG) Has A Meaningful Debt Burden

Shareholders May Not Be So Generous With Fonterra Co-operative Group Limited's (NZSE:FCG) CEO Compensation And Here's Why

Nov 07
Shareholders May Not Be So Generous With Fonterra Co-operative Group Limited's (NZSE:FCG) CEO Compensation And Here's Why

Fonterra Co-operative Group Limited (NZSE:FCG) Soars 27% But It's A Story Of Risk Vs Reward

Oct 24
Fonterra Co-operative Group Limited (NZSE:FCG) Soars 27% But It's A Story Of Risk Vs Reward

Market Still Lacking Some Conviction On Fonterra Co-operative Group Limited (NZSE:FCG)

Sep 06
Market Still Lacking Some Conviction On Fonterra Co-operative Group Limited (NZSE:FCG)

Further Upside For Fonterra Co-operative Group Limited (NZSE:FCG) Shares Could Introduce Price Risks After 32% Bounce

May 23
Further Upside For Fonterra Co-operative Group Limited (NZSE:FCG) Shares Could Introduce Price Risks After 32% Bounce

These 4 Measures Indicate That Fonterra Co-operative Group (NZSE:FCG) Is Using Debt Reasonably Well

Apr 29
These 4 Measures Indicate That Fonterra Co-operative Group (NZSE:FCG) Is Using Debt Reasonably Well

Take Care Before Diving Into The Deep End On Fonterra Co-operative Group Limited (NZSE:FCG)

Jan 05
Take Care Before Diving Into The Deep End On Fonterra Co-operative Group Limited (NZSE:FCG)

Should You Be Adding Fonterra Co-operative Group (NZSE:FCG) To Your Watchlist Today?

Nov 30
Should You Be Adding Fonterra Co-operative Group (NZSE:FCG) To Your Watchlist Today?

Increases to CEO Compensation Might Be Put On Hold For Now at Fonterra Co-operative Group Limited (NZSE:FCG)

Nov 02
Increases to CEO Compensation Might Be Put On Hold For Now at Fonterra Co-operative Group Limited (NZSE:FCG)

Fonterra Co-operative Group (NZSE:FCG) Has A Pretty Healthy Balance Sheet

Sep 23
Fonterra Co-operative Group (NZSE:FCG) Has A Pretty Healthy Balance Sheet

Here's Why Fonterra Co-operative Group (NZSE:FCG) Has Caught The Eye Of Investors

Aug 01
Here's Why Fonterra Co-operative Group (NZSE:FCG) Has Caught The Eye Of Investors

Fonterra Co-operative Group (NZSE:FCG) Has A Somewhat Strained Balance Sheet

Jun 25
Fonterra Co-operative Group (NZSE:FCG) Has A Somewhat Strained Balance Sheet

Does Fonterra Co-operative Group (NZSE:FCG) Deserve A Spot On Your Watchlist?

May 03
Does Fonterra Co-operative Group (NZSE:FCG) Deserve A Spot On Your Watchlist?

Fonterra Co-operative Group (NZSE:FCG) Has A Somewhat Strained Balance Sheet

Mar 17
Fonterra Co-operative Group (NZSE:FCG) Has A Somewhat Strained Balance Sheet

These 4 Measures Indicate That Fonterra Co-operative Group (NZSE:FCG) Is Using Debt Extensively

Dec 14
These 4 Measures Indicate That Fonterra Co-operative Group (NZSE:FCG) Is Using Debt Extensively

Fonterra Co-operative Group's (NZSE:FCG) Dividend Will Be NZ$0.15

Sep 25
Fonterra Co-operative Group's (NZSE:FCG) Dividend Will Be NZ$0.15

Is Fonterra Co-operative Group (NZSE:FCG) Using Too Much Debt?

Jun 29
Is Fonterra Co-operative Group (NZSE:FCG) Using Too Much Debt?

Does Fonterra Co-operative Group (NZSE:FCG) Have A Healthy Balance Sheet?

Mar 30
Does Fonterra Co-operative Group (NZSE:FCG) Have A Healthy Balance Sheet?

A Look At The Fair Value Of Fonterra Co-operative Group Limited (NZSE:FCG)

Oct 28
A Look At The Fair Value Of Fonterra Co-operative Group Limited (NZSE:FCG)

We Think Fonterra Co-operative Group (NZSE:FCG) Is Taking Some Risk With Its Debt

Jul 06
We Think Fonterra Co-operative Group (NZSE:FCG) Is Taking Some Risk With Its Debt

If You Like EPS Growth Then Check Out Fonterra Co-operative Group (NZSE:FCG) Before It's Too Late

May 02
If You Like EPS Growth Then Check Out Fonterra Co-operative Group (NZSE:FCG) Before It's Too Late

Is Fonterra Co-operative Group Limited (NZSE:FCG) A Smart Pick For Income Investors?

Apr 17
Is Fonterra Co-operative Group Limited (NZSE:FCG) A Smart Pick For Income Investors?

Estimating The Intrinsic Value Of Fonterra Co-operative Group Limited (NZSE:FCG)

Mar 18
Estimating The Intrinsic Value Of Fonterra Co-operative Group Limited (NZSE:FCG)

We're Not Counting On Fonterra Co-operative Group (NZSE:FCG) To Sustain Its Statutory Profitability

Jan 29
We're Not Counting On Fonterra Co-operative Group (NZSE:FCG) To Sustain Its Statutory Profitability

Fonterra Co-operative Group (NZSE:FCG) Takes On Some Risk With Its Use Of Debt

Jan 03
Fonterra Co-operative Group (NZSE:FCG) Takes On Some Risk With Its Use Of Debt

Fonterra Co-operative Group Limited's (NZSE:FCG) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Dec 07
Fonterra Co-operative Group Limited's (NZSE:FCG) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Financial Position Analysis

Short Term Liabilities: FCG's short term assets (NZ$7.4B) exceed its short term liabilities (NZ$5.8B).

Long Term Liabilities: FCG's short term assets (NZ$7.4B) exceed its long term liabilities (NZ$2.7B).


Debt to Equity History and Analysis

Debt Level: FCG's net debt to equity ratio (30.3%) is considered satisfactory.

Reducing Debt: FCG's debt to equity ratio has reduced from 111.7% to 36.9% over the past 5 years.

Debt Coverage: FCG's debt is well covered by operating cash flow (76.7%).

Interest Coverage: FCG's interest payments on its debt are well covered by EBIT (8.4x coverage).


Balance Sheet


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