Sanford Balance Sheet Health
Financial Health criteria checks 4/6
Sanford has a total shareholder equity of NZ$704.4M and total debt of NZ$200.0M, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are NZ$1.0B and NZ$342.1M respectively. Sanford's EBIT is NZ$54.1M making its interest coverage ratio 3.2. It has cash and short-term investments of NZ$14.5M.
Key information
28.4%
Debt to equity ratio
NZ$200.00m
Debt
| Interest coverage ratio | 3.2x |
| Cash | NZ$14.48m |
| Equity | NZ$704.36m |
| Total liabilities | NZ$342.07m |
| Total assets | NZ$1.05b |
Recent financial health updates
We Think Sanford (NZSE:SAN) Is Taking Some Risk With Its Debt
Jun 12
These 4 Measures Indicate That Sanford (NZSE:SAN) Is Using Debt Extensively
Feb 16
Is Sanford (NZSE:SAN) A Risky Investment?
Nov 17Recent updates
Sanford (NZSE:SAN) Will Pay A Smaller Dividend Than Last Year
Jun 01Sanford (NZSE:SAN) Will Pay A Dividend Of NZ$0.0706
Nov 27Sanford Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 16We Think Sanford (NZSE:SAN) Is Taking Some Risk With Its Debt
Jun 12Should We Be Excited About The Trends Of Returns At Sanford (NZSE:SAN)?
Mar 17These 4 Measures Indicate That Sanford (NZSE:SAN) Is Using Debt Extensively
Feb 16What Kind Of Shareholders Hold The Majority In Sanford Limited's (NZSE:SAN) Shares?
Feb 01How Much Are Sanford Limited (NZSE:SAN) Insiders Taking Off The Table?
Jan 17Sanford's(NZSE:SAN) Share Price Is Down 38% Over The Past Three Years.
Jan 02Returns On Capital At Sanford (NZSE:SAN) Paint An Interesting Picture
Dec 17Are Sanford's (NZSE:SAN) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 02Is Sanford (NZSE:SAN) A Risky Investment?
Nov 17Financial Position Analysis
Short Term Liabilities: SAN's short term assets (NZ$264.9M) exceed its short term liabilities (NZ$74.0M).
Long Term Liabilities: SAN's short term assets (NZ$264.9M) do not cover its long term liabilities (NZ$268.0M).
Debt to Equity History and Analysis
Debt Level: SAN's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: SAN's debt to equity ratio has increased from 23.6% to 28.4% over the past 5 years.
Debt Coverage: SAN's debt is well covered by operating cash flow (36.5%).
Interest Coverage: SAN's interest payments on its debt are well covered by EBIT (3.2x coverage).