Livestock Improvement Balance Sheet Health
Financial Health criteria checks 6/6
Livestock Improvement has a total shareholder equity of NZ$312.5M and total debt of NZ$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NZ$410.5M and NZ$98.0M respectively. Livestock Improvement's EBIT is NZ$24.3M making its interest coverage ratio -34.7. It has cash and short-term investments of NZ$38.3M.
Key information
0%
Debt to equity ratio
NZ$0
Debt
Interest coverage ratio | -34.7x |
Cash | NZ$38.28m |
Equity | NZ$312.55m |
Total liabilities | NZ$98.00m |
Total assets | NZ$410.54m |
Recent financial health updates
No updates
Recent updates
Solid Earnings May Not Tell The Whole Story For Livestock Improvement (NZSE:LIC)
Jan 31Investors Don't See Light At End Of Livestock Improvement Corporation Limited's (NZSE:LIC) Tunnel
Jan 25Should You Be Adding Livestock Improvement (NZSE:LIC) To Your Watchlist Today?
Dec 09Livestock Improvement (NZSE:LIC) Has Announced That Its Dividend Will Be Reduced To NZ$0.13
Jul 25A Look At The Intrinsic Value Of Livestock Improvement Corporation Limited (NZSE:LIC)
Jul 22Livestock Improvement (NZSE:LIC) Has Compensated Shareholders With A Respectable 92% Return On Their Investment
Jan 20Are Livestock Improvement's (NZSE:LIC) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 26Financial Position Analysis
Short Term Liabilities: LIC's short term assets (NZ$126.8M) exceed its short term liabilities (NZ$27.2M).
Long Term Liabilities: LIC's short term assets (NZ$126.8M) exceed its long term liabilities (NZ$70.8M).
Debt to Equity History and Analysis
Debt Level: LIC is debt free.
Reducing Debt: LIC has no debt compared to 5 years ago when its debt to equity ratio was 8.7%.
Debt Coverage: LIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LIC has no debt, therefore coverage of interest payments is not a concern.