AFT Pharmaceuticals Limited

NZSE:AFT Stock Report

Market Cap: NZ$319.8m

AFT Pharmaceuticals Balance Sheet Health

Financial Health criteria checks 6/6

AFT Pharmaceuticals has a total shareholder equity of NZ$87.8M and total debt of NZ$28.2M, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are NZ$165.3M and NZ$77.5M respectively. AFT Pharmaceuticals's EBIT is NZ$24.2M making its interest coverage ratio 6.7. It has cash and short-term investments of NZ$12.0M.

Key information

32.1%

Debt to equity ratio

NZ$28.20m

Debt

Interest coverage ratio6.7x
CashNZ$12.04m
EquityNZ$87.80m
Total liabilitiesNZ$77.46m
Total assetsNZ$165.26m

Recent financial health updates

Recent updates

AFT Pharmaceuticals Limited (NZSE:AFT) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

May 25
AFT Pharmaceuticals Limited (NZSE:AFT) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

Does AFT Pharmaceuticals (NZSE:AFT) Deserve A Spot On Your Watchlist?

May 22
Does AFT Pharmaceuticals (NZSE:AFT) Deserve A Spot On Your Watchlist?

Is Now The Time To Put AFT Pharmaceuticals (NZSE:AFT) On Your Watchlist?

Oct 17
Is Now The Time To Put AFT Pharmaceuticals (NZSE:AFT) On Your Watchlist?

Should You Be Adding AFT Pharmaceuticals (NZSE:AFT) To Your Watchlist Today?

May 23
Should You Be Adding AFT Pharmaceuticals (NZSE:AFT) To Your Watchlist Today?

Is AFT Pharmaceuticals Limited (NZSE:AFT) Trading At A 50% Discount?

Dec 01
Is AFT Pharmaceuticals Limited (NZSE:AFT) Trading At A 50% Discount?

We Discuss Whether AFT Pharmaceuticals Limited's (NZSE:AFT) CEO Is Due For A Pay Rise

Jul 30
We Discuss Whether AFT Pharmaceuticals Limited's (NZSE:AFT) CEO Is Due For A Pay Rise

With AFT Pharmaceuticals Limited (NZSE:AFT) It Looks Like You'll Get What You Pay For

Jun 02
With AFT Pharmaceuticals Limited (NZSE:AFT) It Looks Like You'll Get What You Pay For

Should You Be Impressed By AFT Pharmaceuticals Limited's (NZSE:AFT) ROE?

Mar 20
Should You Be Impressed By AFT Pharmaceuticals Limited's (NZSE:AFT) ROE?

A Quick Analysis On AFT Pharmaceuticals' (NZSE:AFT) CEO Compensation

Feb 13
A Quick Analysis On AFT Pharmaceuticals' (NZSE:AFT) CEO Compensation

Are AFT Pharmaceuticals's (NZSE:AFT) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Jan 23
Are AFT Pharmaceuticals's (NZSE:AFT) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Does AFT Pharmaceuticals (NZSE:AFT) Have A Healthy Balance Sheet?

Jan 02
Does AFT Pharmaceuticals (NZSE:AFT) Have A Healthy Balance Sheet?

Should AFT Pharmaceuticals (NZSE:AFT) Be Disappointed With Their 89% Profit?

Dec 12
Should AFT Pharmaceuticals (NZSE:AFT) Be Disappointed With Their 89% Profit?

AFT Pharmaceuticals Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Nov 21
AFT Pharmaceuticals Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Financial Position Analysis

Short Term Liabilities: AFT's short term assets (NZ$105.7M) exceed its short term liabilities (NZ$46.1M).

Long Term Liabilities: AFT's short term assets (NZ$105.7M) exceed its long term liabilities (NZ$31.4M).


Debt to Equity History and Analysis

Debt Level: AFT's net debt to equity ratio (18.4%) is considered satisfactory.

Reducing Debt: AFT's debt to equity ratio has reduced from 820.1% to 32.1% over the past 5 years.

Debt Coverage: AFT's debt is well covered by operating cash flow (102.3%).

Interest Coverage: AFT's interest payments on its debt are well covered by EBIT (6.7x coverage).


Balance Sheet


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