Foley Wines Balance Sheet Health
Financial Health criteria checks 1/6
Foley Wines has a total shareholder equity of NZ$149.2M and total debt of NZ$62.1M, which brings its debt-to-equity ratio to 41.6%. Its total assets and total liabilities are NZ$245.5M and NZ$96.3M respectively. Foley Wines's EBIT is NZ$9.8M making its interest coverage ratio 2.4. It has cash and short-term investments of NZ$1.2M.
Key information
41.6%
Debt to equity ratio
NZ$62.12m
Debt
| Interest coverage ratio | 2.4x |
| Cash | NZ$1.24m |
| Equity | NZ$149.21m |
| Total liabilities | NZ$96.33m |
| Total assets | NZ$245.54m |
Recent financial health updates
Is Foley Wines (NZSE:FWL) Using Too Much Debt?
Jun 06
Is Foley Wines (NZSE:FWL) A Risky Investment?
Feb 27Recent updates
Improved Earnings Required Before Foley Wines Limited (NZSE:FWL) Shares Find Their Feet
Feb 09We Think Foley Wines Limited's (NZSE:FWL) CEO Compensation Package Needs To Be Put Under A Microscope
Nov 09We Think Some Shareholders May Hesitate To Increase Foley Wines Limited's (NZSE:FWL) CEO Compensation
Nov 10Foley Wines (NZSE:FWL) Has Announced A Dividend Of NZ$0.0471
Sep 11Foley Wines' (NZSE:FWL) Dividend Will Be NZ$0.0471
Aug 28Foley Wines (NZSE:FWL) Will Pay A Larger Dividend Than Last Year At NZ$0.047
Sep 15Foley Wines (NZSE:FWL) Will Pay A Larger Dividend Than Last Year At NZ$0.047
Aug 31Is Foley Wines (NZSE:FWL) Using Too Much Debt?
Jun 06Is Foley Wines Limited (NZSE:FWL) An Attractive Dividend Stock?
May 02With EPS Growth And More, Foley Wines (NZSE:FWL) Is Interesting
Apr 04Can You Imagine How Foley Wines' (NZSE:FWL) Shareholders Feel About The 32% Share Price Increase?
Mar 17Is Foley Wines (NZSE:FWL) A Risky Investment?
Feb 27Foley Wines Limited's (NZSE:FWL) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
Feb 09The Attractive Combination That Could Earn Foley Wines Limited (NZSE:FWL) A Place In Your Dividend Portfolio
Jan 19
Here's Why I Think Foley Wines (NZSE:FWL) Might Deserve Your Attention Today
Dec 13Introducing Foley Wines (NZSE:FWL), A Stock That Climbed 30% In The Last Five Years
Nov 25Financial Position Analysis
Short Term Liabilities: FWL's short term assets (NZ$65.7M) exceed its short term liabilities (NZ$18.2M).
Long Term Liabilities: FWL's short term assets (NZ$65.7M) do not cover its long term liabilities (NZ$78.1M).
Debt to Equity History and Analysis
Debt Level: FWL's net debt to equity ratio (40.8%) is considered high.
Reducing Debt: FWL's debt to equity ratio has increased from 16.9% to 41.6% over the past 5 years.
Debt Coverage: FWL's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: FWL's interest payments on its debt are not well covered by EBIT (2.4x coverage).