Winton Land Balance Sheet Health
Financial Health criteria checks 5/6
Winton Land has a total shareholder equity of NZ$514.5M and total debt of NZ$63.3M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are NZ$648.1M and NZ$133.6M respectively. Winton Land's EBIT is NZ$55.6M making its interest coverage ratio -43.9. It has cash and short-term investments of NZ$99.3M.
Key information
12.3%
Debt to equity ratio
NZ$63.32m
Debt
| Interest coverage ratio | -43.9x |
| Cash | NZ$99.29m |
| Equity | NZ$514.48m |
| Total liabilities | NZ$133.57m |
| Total assets | NZ$648.05m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WIN's short term assets (NZ$189.4M) exceed its short term liabilities (NZ$45.1M).
Long Term Liabilities: WIN's short term assets (NZ$189.4M) exceed its long term liabilities (NZ$88.5M).
Debt to Equity History and Analysis
Debt Level: WIN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if WIN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WIN's debt is well covered by operating cash flow (74.6%).
Interest Coverage: WIN earns more interest than it pays, so coverage of interest payments is not a concern.