PGG Wrightson Balance Sheet Health
Financial Health criteria checks 4/6
PGG Wrightson has a total shareholder equity of NZ$173.4M and total debt of NZ$110.2M, which brings its debt-to-equity ratio to 63.5%. Its total assets and total liabilities are NZ$642.3M and NZ$468.9M respectively. PGG Wrightson's EBIT is NZ$21.1M making its interest coverage ratio 2.3. It has cash and short-term investments of NZ$13.3M.
Key information
63.5%
Debt to equity ratio
NZ$110.19m
Debt
| Interest coverage ratio | 2.3x |
| Cash | NZ$13.31m |
| Equity | NZ$173.45m |
| Total liabilities | NZ$468.90m |
| Total assets | NZ$642.35m |
Recent financial health updates
No updates
Recent updates
PGG Wrightson's (NZSE:PGW) Shareholders Will Receive A Smaller Dividend Than Last Year
Sep 03
PGG Wrightson (NZSE:PGW) Will Pay A Smaller Dividend Than Last Year
Aug 20Shareholders Would Not Be Objecting To PGG Wrightson Limited's (NZSE:PGW) CEO Compensation And Here's Why
Oct 11PGG Wrightson's (NZSE:PGW) Dividend Will Be NZ$0.1882
Aug 18Estimating The Intrinsic Value Of PGG Wrightson Limited (NZSE:PGW)
May 12PGG Wrightson's (NZSE:PGW) Robust Earnings Are Supported By Other Strong Factors
Aug 23PGG Wrightson Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 20At NZ$3.33, Is It Time To Put PGG Wrightson Limited (NZSE:PGW) On Your Watch List?
May 26Financial Position Analysis
Short Term Liabilities: PGW's short term assets (NZ$481.1M) exceed its short term liabilities (NZ$350.9M).
Long Term Liabilities: PGW's short term assets (NZ$481.1M) exceed its long term liabilities (NZ$118.0M).
Debt to Equity History and Analysis
Debt Level: PGW's net debt to equity ratio (55.9%) is considered high.
Reducing Debt: PGW's debt to equity ratio has reduced from 76.5% to 63.5% over the past 5 years.
Debt Coverage: PGW's debt is well covered by operating cash flow (48.7%).
Interest Coverage: PGW's interest payments on its debt are not well covered by EBIT (2.3x coverage).