Mission Produce Balance Sheet Health
Financial Health criteria checks 6/6
Mission Produce has a total shareholder equity of $577.1M and total debt of $119.1M, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are $971.5M and $394.4M respectively. Mission Produce's EBIT is $65.7M making its interest coverage ratio 6.2. It has cash and short-term investments of $58.0M.
Key information
20.6%
Debt to equity ratio
US$119.10m
Debt
| Interest coverage ratio | 6.2x |
| Cash | US$58.00m |
| Equity | US$577.10m |
| Total liabilities | US$394.40m |
| Total assets | US$971.50m |
Recent financial health updates
No updates
Recent updates
Mission Produce: Appetizing Risk/Reward
Dec 22Mission Produce (NASDAQ:AVO) Might Be Having Difficulty Using Its Capital Effectively
Dec 09
Subdued Growth No Barrier To Mission Produce, Inc. (NASDAQ:AVO) With Shares Advancing 30%
Sep 11Mission Produce: Ripe For Growth But Too Pricey To Pick
Sep 10Mission Produce's (NASDAQ:AVO) Returns On Capital Not Reflecting Well On The Business
Jul 17Mission Produce: The Price Isn't Right
May 17Mission Produce, Inc. (NASDAQ:AVO) Just Reported And Analysts Have Been Lifting Their Price Targets
Mar 13Mission Produce: Still Overvalued Despite Price Decline
Feb 10Mission Produce, Inc. (NASDAQ:AVO) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Dec 23Mission Produce (NASDAQ:AVO) Might Be Having Difficulty Using Its Capital Effectively
Nov 10Mission Produce (NASDAQ:AVO) Will Want To Turn Around Its Return Trends
May 28Calculating The Fair Value Of Mission Produce, Inc. (NASDAQ:AVO)
Mar 10Mission Produce (NASDAQ:AVO) Is Reinvesting At Lower Rates Of Return
Dec 24Mission Produce: Not As Tasty Anymore
Sep 27Mission Produce Non-GAAP EPS of $0.27 misses by $0.04, revenue of $313.2M beats by $20.27M
Sep 08Mission Produce: Staying On The Sidelines
Jul 11Is Mission Produce, Inc. (NASDAQ:AVO) Trading At A 22% Discount?
May 14Capital Allocation Trends At Mission Produce (NASDAQ:AVO) Aren't Ideal
Mar 29Mission Produce: Temporary Pain Could Open The Door To Attractive Gain
Mar 28Mission Produce Faces Near-Term Headwinds
Jan 13Mission Produce, Inc. Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next
Dec 24Estimating The Intrinsic Value Of Mission Produce, Inc. (NASDAQ:AVO)
Nov 18There Are Reasons To Feel Uneasy About Mission Produce's (NASDAQ:AVO) Returns On Capital
Nov 03Mission Produce, Inc. (NASDAQ:AVO) Not Flying Under The Radar
Oct 01Financial Position Analysis
Short Term Liabilities: AVO's short term assets ($279.0M) exceed its short term liabilities ($149.1M).
Long Term Liabilities: AVO's short term assets ($279.0M) exceed its long term liabilities ($245.3M).
Debt to Equity History and Analysis
Debt Level: AVO's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: AVO's debt to equity ratio has reduced from 48.5% to 20.6% over the past 5 years.
Debt Coverage: AVO's debt is well covered by operating cash flow (78.4%).
Interest Coverage: AVO's interest payments on its debt are well covered by EBIT (6.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 05:00 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/10/31 |
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
Mission Produce, Inc. is covered by 6 analysts. 2 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 |
|---|---|
| Bryan Spillane | BofA Global Research |
| Sergio Matsumoto | Citigroup Inc |
| Brian Holland | D.A. Davidson & Co. |