Livestock Improvement Corporation Limited

NZSE:LIC Stock Report

Market Cap: NZ$163.7m

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
CashNZ$38.28m
EquityNZ$312.55m
Total liabilitiesNZ$98.00m
Total assetsNZ$410.54m

Recent financial health updates

No updates

Recent updates

Solid Earnings May Not Tell The Whole Story For Livestock Improvement (NZSE:LIC)

Jan 31
Solid Earnings May Not Tell The Whole Story For Livestock Improvement (NZSE:LIC)

Investors Don't See Light At End Of Livestock Improvement Corporation Limited's (NZSE:LIC) Tunnel

Jan 25
Investors Don't See Light At End Of Livestock Improvement Corporation Limited's (NZSE:LIC) Tunnel

Should You Be Adding Livestock Improvement (NZSE:LIC) To Your Watchlist Today?

Dec 09
Should You Be Adding Livestock Improvement (NZSE:LIC) To Your Watchlist Today?

Livestock Improvement (NZSE:LIC) Has Announced That Its Dividend Will Be Reduced To NZ$0.13

Jul 25
Livestock Improvement (NZSE:LIC) Has Announced That Its Dividend Will Be Reduced To NZ$0.13

A Look At The Intrinsic Value Of Livestock Improvement Corporation Limited (NZSE:LIC)

Jul 22
A Look At The Intrinsic Value Of Livestock Improvement Corporation Limited (NZSE:LIC)

Livestock Improvement (NZSE:LIC) Has Compensated Shareholders With A Respectable 92% Return On Their Investment

Jan 20
Livestock Improvement (NZSE:LIC) Has Compensated Shareholders With A Respectable 92% Return On Their Investment

Are Livestock Improvement's (NZSE:LIC) Statutory Earnings A Good Guide To Its Underlying Profitability?

Nov 26
Are Livestock Improvement's (NZSE:LIC) Statutory Earnings A Good Guide To Its Underlying Profitability?

Financial 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.


Balance Sheet


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