Comvita Balance Sheet Health

Financial Health criteria checks 5/6

Comvita has a total shareholder equity of NZ$235.8M and total debt of NZ$98.7M, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are NZ$391.5M and NZ$155.7M respectively. Comvita's EBIT is NZ$1.6M making its interest coverage ratio 0.2. It has cash and short-term investments of NZ$12.9M.

Key information

41.9%

Debt to equity ratio

NZ$98.73m

Debt

Interest coverage ratio	0.2x
Cash	NZ$12.93m
Equity	NZ$235.79m
Total liabilities	NZ$155.69m
Total assets	NZ$391.48m

Recent financial health updates

Here's Why Comvita (NZSE:CVT) Is Weighed Down By Its Debt Load

Mar 21

These 4 Measures Indicate That Comvita (NZSE:CVT) Is Using Debt Reasonably Well

Mar 25

Recent updates

Here's Why Comvita (NZSE:CVT) Is Weighed Down By Its Debt Load

Mar 21

Comvita Limited's (NZSE:CVT) 26% Dip In Price Shows Sentiment Is Matching Earnings

Feb 05

How Much Did Comvita's(NZSE:CVT) Shareholders Earn From Share Price Movements Over The Last Three Years?

Dec 22

Could The Comvita Limited (NZSE:CVT) Ownership Structure Tell Us Something Useful?

Nov 25

Financial Position Analysis

Short Term Liabilities: CVT's short term assets (NZ$216.7M) exceed its short term liabilities (NZ$38.9M).

Long Term Liabilities: CVT's short term assets (NZ$216.7M) exceed its long term liabilities (NZ$116.8M).

Debt to Equity History and Analysis

Debt Level: CVT's net debt to equity ratio (36.4%) is considered satisfactory.

Reducing Debt: CVT's debt to equity ratio has reduced from 59.7% to 41.9% over the past 5 years.

Debt Coverage: CVT's debt is well covered by operating cash flow (20.8%).

Interest Coverage: CVT's interest payments on its debt are not well covered by EBIT (0.2x coverage).

Balance Sheet

Discover healthy companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Comvita Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Here's Why Comvita (NZSE:CVT) Is Weighed Down By Its Debt Load

These 4 Measures Indicate That Comvita (NZSE:CVT) Is Using Debt Reasonably Well

Recent updates

Upcoming dividend of NZ$0.012 per share

Here's Why Comvita (NZSE:CVT) Is Weighed Down By Its Debt Load

First half 2024 earnings released: NZ$0.046 loss per share (vs NZ$0.06 profit in 1H 2023)

Investor sentiment improves as stock rises 21%

Now 28% overvalued

Comvita Limited's (NZSE:CVT) 26% Dip In Price Shows Sentiment Is Matching Earnings

Consensus EPS estimates fall by 46%

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 16%

Consensus EPS estimates fall by 56%

Price target decreased by 24% to NZ$3.35

A Look At The Fair Value Of Comvita Limited (NZSE:CVT)

Comvita Limited (NZSE:CVT) acquired an additional 12% stake in Apiter Laboratories for $2 million.

Less than half of directors are independent

Comvita Limited Approves the Appointment of Michael Sang as Director

Upcoming dividend of NZ$0.035 per share at 1.7% yield

Key Executive recently sold NZ$379k worth of stock

Consensus EPS estimates fall by 18%

New minor risk - Earnings quality

Comvita Limited Announces Final Fully Imputed Dividend for the Full Year 2023

Full year 2023 earnings: EPS misses analyst expectations

Comvita Limited, Annual General Meeting, Oct 04, 2023

Investor sentiment improves as stock rises 16%

CEO, MD & Director recently sold NZ$86k worth of stock

Upcoming dividend of NZ$0.029 per share at 1.9% yield

Independent Director recently sold NZ$101k worth of stock

Consensus EPS estimates fall by 15%

First half 2023 earnings released: EPS: NZ$0.06 (vs NZ$0.05 in 1H 2022)

Price target increased to NZ$4.50

High number of new directors

Upcoming dividend of NZ$0.035 per share

High number of new directors

Price target increased to NZ$4.50

Comvita Limited Provides Earnings Guidance for the Year 2023

Comvita Limited, Annual General Meeting, Sep 29, 2022

Insider recently bought NZ$63k worth of stock

Upcoming dividend of NZ$0.029 per share

First half 2022 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of NZ$0.047 per share

Price target increased to NZ$3.70

Full year 2021 earnings released: EPS NZ$0.14 (vs NZ$0.19 loss in FY 2020)

Consensus forecasts updated

These 4 Measures Indicate That Comvita (NZSE:CVT) Is Using Debt Reasonably Well

Comvita Launches Special Reserve Manuka and OneHive Movement

We Think Comvita's (NZSE:CVT) Robust Earnings Are Conservative

Is It Too Late To Consider Buying Comvita Limited (NZSE:CVT)?

First half 2021 earnings released: EPS NZ$0.05 (vs NZ$0.26 loss in 1H 2020)

Have Insiders Been Buying Comvita Limited (NZSE:CVT) Shares This Year?

How Much Did Comvita's(NZSE:CVT) Shareholders Earn From Share Price Movements Over The Last Three Years?

New 90-day high: NZ$3.40

Could The Comvita Limited (NZSE:CVT) Ownership Structure Tell Us Something Useful?

Full year earnings released - NZ$0.19 loss per share

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Discover healthy companies