Freightways Group Balance Sheet Health
Financial Health criteria checks 3/6
Freightways Group has a total shareholder equity of NZ$492.3M and total debt of NZ$265.7M, which brings its debt-to-equity ratio to 54%. Its total assets and total liabilities are NZ$1.4B and NZ$901.8M respectively. Freightways Group's EBIT is NZ$136.4M making its interest coverage ratio 3.9. It has cash and short-term investments of NZ$36.1M.
Key information
54.0%
Debt to equity ratio
NZ$265.67m
Debt
| Interest coverage ratio | 3.9x |
| Cash | NZ$36.14m |
| Equity | NZ$492.27m |
| Total liabilities | NZ$901.75m |
| Total assets | NZ$1.39b |
Recent financial health updates
These 4 Measures Indicate That Freightways Group (NZSE:FRW) Is Using Debt Reasonably Well
Sep 22
Freightways Group (NZSE:FRW) Seems To Use Debt Quite Sensibly
Nov 07Is Freightways (NZSE:FRE) A Risky Investment?
Jun 08Does Freightways (NZSE:FRE) Have A Healthy Balance Sheet?
Mar 05Recent updates
What Does Freightways Group Limited's (NZSE:FRW) Share Price Indicate?
Dec 17Increases to Freightways Group Limited's (NZSE:FRW) CEO Compensation Might Cool off for now
Oct 16Are Investors Undervaluing Freightways Group Limited (NZSE:FRW) By 37%?
Oct 09These 4 Measures Indicate That Freightways Group (NZSE:FRW) Is Using Debt Reasonably Well
Sep 22Freightways Group Limited (NZSE:FRW) Just Released Its Yearly Earnings: Here's What Analysts Think
Aug 20There's Reason For Concern Over Freightways Group Limited's (NZSE:FRW) Price
Apr 24Freightways Group Limited's (NZSE:FRW) Intrinsic Value Is Potentially 34% Above Its Share Price
Apr 02Freightways Group (NZSE:FRW) Will Pay A Dividend Of NZ$0.2118
Feb 23NZ$9.19 - That's What Analysts Think Freightways Group Limited (NZSE:FRW) Is Worth After These Results
Feb 21Freightways Group (NZSE:FRW) Seems To Use Debt Quite Sensibly
Nov 07It's Unlikely That Freightways Group Limited's (NZSE:FRW) CEO Will See A Huge Pay Rise This Year
Oct 19Capital Allocation Trends At Freightways Group (NZSE:FRW) Aren't Ideal
Oct 01Freightways Group (NZSE:FRW) Is Paying Out A Dividend Of NZ$0.2235
Sep 06Freightways Group (NZSE:FRW) Will Pay A Dividend Of NZ$0.2235
Aug 23Is It Time To Consider Buying Freightways Group Limited (NZSE:FRW)?
Jun 12Freightways Limited (NZSE:FRE) Shares Could Be 25% Above Their Intrinsic Value Estimate
Feb 03There Are Reasons To Feel Uneasy About Freightways' (NZSE:FRE) Returns On Capital
Dec 20Is There Now An Opportunity In Freightways Limited (NZSE:FRE)?
Nov 08Why We Think Freightways Limited's (NZSE:FRE) CEO Compensation Is Not Excessive At All
Oct 20With EPS Growth And More, Freightways (NZSE:FRE) Makes An Interesting Case
Sep 27New Forecasts: Here's What Analysts Think The Future Holds For Freightways Limited (NZSE:FRE)
Aug 30What Is Freightways Limited's (NZSE:FRE) Share Price Doing?
Aug 03Calculating The Intrinsic Value Of Freightways Limited (NZSE:FRE)
Jul 06Is Freightways (NZSE:FRE) A Risky Investment?
Jun 08Capital Allocation Trends At Freightways (NZSE:FRE) Aren't Ideal
May 06Should You Investigate Freightways Limited (NZSE:FRE) At NZ$11.80?
Mar 10Freightways (NZSE:FRE) Is Increasing Its Dividend To NZ$0.21
Feb 23A Look At The Fair Value Of Freightways Limited (NZSE:FRE)
Aug 29When Should You Buy Freightways Limited (NZSE:FRE)?
Jul 05Freightways (NZSE:FRE) Could Be Struggling To Allocate Capital
May 31How Does Freightways Limited (NZSE:FRE) Fare As A Dividend Stock?
Apr 14When Should You Buy Freightways Limited (NZSE:FRE)?
Mar 19Freightways Limited (NZSE:FRE) Stock Goes Ex-Dividend In Just Four Days
Mar 06Does Freightways (NZSE:FRE) Have A Healthy Balance Sheet?
Mar 05Our Take On The Returns On Capital At Freightways (NZSE:FRE)
Feb 20Freightways Limited's (NZSE:FRE) Stock Is Going Strong: Have Financials A Role To Play?
Feb 05
Shareholders Of Freightways (NZSE:FRE) Must Be Happy With Their 109% Total Return
Jan 21Here's What Freightways Limited's (NZSE:FRE) Shareholder Ownership Structure Looks Like
Dec 27Are Freightways's (NZSE:FRE) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 14Is Now An Opportune Moment To Examine Freightways Limited (NZSE:FRE)?
Dec 01Our Take On The Returns On Capital At Freightways (NZSE:FRE)
Nov 18Financial Position Analysis
Short Term Liabilities: FRW's short term assets (NZ$207.7M) do not cover its short term liabilities (NZ$238.9M).
Long Term Liabilities: FRW's short term assets (NZ$207.7M) do not cover its long term liabilities (NZ$662.9M).
Debt to Equity History and Analysis
Debt Level: FRW's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: FRW's debt to equity ratio has reduced from 63.2% to 54% over the past 5 years.
Debt Coverage: FRW's debt is well covered by operating cash flow (59%).
Interest Coverage: FRW's interest payments on its debt are well covered by EBIT (3.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/01 10:54 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Freightways Group Limited is covered by 12 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Philip Campbell | Citigroup Inc |
| Andrew Steele | Credit Suisse |
| Geoff Zame | Deutsche Bank |