Mission Produce Balance Sheet Health
Financial Health criteria checks 5/6
Mission Produce has a total shareholder equity of $540.0M and total debt of $172.7M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are $966.9M and $426.9M respectively. Mission Produce's EBIT is $38.5M making its interest coverage ratio 3.4. It has cash and short-term investments of $46.2M.
Key information
32.0%
Debt to equity ratio
US$172.70m
Debt
Interest coverage ratio | 3.4x |
Cash | US$46.20m |
Equity | US$540.00m |
Total liabilities | US$426.90m |
Total assets | US$966.90m |
Recent financial health updates
No updates
Recent updates
Mission 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 01Calculating The Intrinsic Value Of Mission Produce, Inc. (NASDAQ:AVO)
Aug 05Mission Produce: On A Mission
May 28Estimating The Intrinsic Value Of Mission Produce, Inc. (NASDAQ:AVO)
Mar 22Should You Use Mission Produce's (NASDAQ:AVO) Statutory Earnings To Analyse It?
Feb 08What Percentage Of Mission Produce, Inc. (NASDAQ:AVO) Shares Do Insiders Own?
Jan 21How Many Mission Produce, Inc. (NASDAQ:AVO) Shares Have Insiders Sold, In The Last Year?
Dec 31Financial Position Analysis
Short Term Liabilities: AVO's short term assets ($276.3M) exceed its short term liabilities ($121.7M).
Long Term Liabilities: AVO's short term assets ($276.3M) do not cover its long term liabilities ($305.2M).
Debt to Equity History and Analysis
Debt Level: AVO's net debt to equity ratio (23.4%) is considered satisfactory.
Reducing Debt: AVO's debt to equity ratio has reduced from 55.6% to 32% over the past 5 years.
Debt Coverage: AVO's debt is well covered by operating cash flow (39.5%).
Interest Coverage: AVO's interest payments on its debt are well covered by EBIT (3.4x coverage).