PGG Wrightson Financial Health
How is PGG Wrightson's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PGW's short term assets (NZ$347.1M) exceed its short term liabilities (NZ$223.9M).
Long Term Liabilities: PGW's short term assets (NZ$347.1M) exceed its long term liabilities (NZ$113.3M).
Debt to Equity History and Analysis
Debt Level: PGW's net debt to equity ratio (19%) is considered satisfactory.
Reducing Debt: PGW's debt to equity ratio has reduced from 47.8% to 21.7% over the past 5 years.
Debt Coverage: PGW's debt is well covered by operating cash flow (63.1%).
Interest Coverage: PGW's interest payments on its debt are well covered by EBIT (8.4x coverage).