Synlait Milk Balance Sheet Health
Financial Health criteria checks 1/6
Synlait Milk has a total shareholder equity of NZ$698.9M and total debt of NZ$589.8M, which brings its debt-to-equity ratio to 84.4%. Its total assets and total liabilities are NZ$1.7B and NZ$1.0B respectively.
Key information
84.4%
Debt to equity ratio
NZ$589.79m
Debt
| Interest coverage ratio | n/a |
| Cash | NZ$30.50m |
| Equity | NZ$698.88m |
| Total liabilities | NZ$1.01b |
| Total assets | NZ$1.71b |
Recent financial health updates
These 4 Measures Indicate That Synlait Milk (NZSE:SML) Is Using Debt Extensively
Dec 05
Synlait Milk (NZSE:SML) Has No Shortage Of Debt
May 23Does Synlait Milk (NZSE:SML) Have A Healthy Balance Sheet?
Dec 01Recent updates
Calculating The Fair Value Of Synlait Milk Limited (NZSE:SML)
Apr 04Synlait Milk Limited's (NZSE:SML) 25% Cheaper Price Remains In Tune With Revenues
Feb 15Synlait Milk Limited (NZSE:SML) Shares Slammed 30% But Getting In Cheap Might Be Difficult Regardless
Dec 18These 4 Measures Indicate That Synlait Milk (NZSE:SML) Is Using Debt Extensively
Dec 05Synlait Milk (NZSE:SML) Has No Shortage Of Debt
May 23Returns On Capital Signal Tricky Times Ahead For Synlait Milk (NZSE:SML)
Apr 26Does Synlait Milk (NZSE:SML) Have A Healthy Balance Sheet?
Dec 01Growth Investors: Industry Analysts Just Upgraded Their Synlait Milk Limited (NZSE:SML) Revenue Forecasts By 11%
Apr 05Who Has Been Selling Synlait Milk Limited (NZSE:SML) Shares?
Feb 22Synlait Milk Limited (NZSE:SML) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Jan 25Will the Promising Trends At Synlait Milk (NZSE:SML) Continue?
Jan 12
What Does The Future Hold For Synlait Milk Limited (NZSE:SML)? These Analysts Have Been Cutting Their Estimates
Dec 30Did You Miss Synlait Milk's (NZSE:SML) 59% Share Price Gain?
Dec 28Should You Use Synlait Milk's (NZSE:SML) Statutory Earnings To Analyse It?
Dec 15How Much Of Synlait Milk Limited (NZSE:SML) Do Institutions Own?
Dec 02Have Insiders Sold Synlait Milk Limited (NZSE:SML) Shares Recently?
Nov 20Financial Position Analysis
Short Term Liabilities: SML's short term assets (NZ$655.9M) do not cover its short term liabilities (NZ$860.8M).
Long Term Liabilities: SML's short term assets (NZ$655.9M) exceed its long term liabilities (NZ$153.7M).
Debt to Equity History and Analysis
Debt Level: SML's net debt to equity ratio (80%) is considered high.
Reducing Debt: SML's debt to equity ratio has increased from 63.5% to 84.4% over the past 5 years.
Debt Coverage: SML's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: Insufficient data to determine if SML's interest payments on its debt are well covered by EBIT.