Property For Industry Balance Sheet Health
Financial Health criteria checks 0/6
Property For Industry has a total shareholder equity of NZ$1.4B and total debt of NZ$678.7M, which brings its debt-to-equity ratio to 49.9%. Its total assets and total liabilities are NZ$2.1B and NZ$726.6M respectively. Property For Industry's EBIT is NZ$82.4M making its interest coverage ratio 2.5. It has cash and short-term investments of NZ$1.5M.
Key information
49.9%
Debt to equity ratio
NZ$678.72m
Debt
| Interest coverage ratio | 2.5x |
| Cash | NZ$1.48m |
| Equity | NZ$1.36b |
| Total liabilities | NZ$726.64m |
| Total assets | NZ$2.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PFI's short term assets (NZ$9.6M) do not cover its short term liabilities (NZ$171.0M).
Long Term Liabilities: PFI's short term assets (NZ$9.6M) do not cover its long term liabilities (NZ$555.6M).
Debt to Equity History and Analysis
Debt Level: PFI's net debt to equity ratio (49.8%) is considered high.
Reducing Debt: PFI's debt to equity ratio has increased from 47.1% to 49.9% over the past 5 years.
Debt Coverage: PFI's debt is not well covered by operating cash flow (8%).
Interest Coverage: PFI's interest payments on its debt are not well covered by EBIT (2.5x coverage).