Farmmi Balance Sheet Health
Financial Health criteria checks 4/6
Farmmi has a total shareholder equity of $164.4M and total debt of $5.9M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are $171.9M and $7.6M respectively. Farmmi's EBIT is $2.3M making its interest coverage ratio 1.2. It has cash and short-term investments of $1.1M.
Key information
3.6%
Debt to equity ratio
US$5.88m
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$1.12m |
| Equity | US$164.35m |
| Total liabilities | US$7.56m |
| Total assets | US$171.91m |
Recent financial health updates
Recent updates
Returns On Capital At Farmmi (NASDAQ:FAMI) Paint A Concerning Picture
May 28
Farmmi secures new high volume order exporting to Israel
Oct 18Farmmi to ship high-volume order to the Middle East
Oct 11Farmmi gains on receiving repeat bulk multi-product order for export to Japan
Sep 27Farmmi secures multi-product order for export to Israel
Sep 20Farmmi bags repeat order to Southwest Asia
Aug 29Farmmi GAAP EPS of -$0.03, revenue of $42.14M
Aug 22Farmmi establishes Canadian subsidiary
Aug 16Farmmi wins sales order for export to Israel
Aug 09Farmmi grows sales with export to Japan
Jul 19Farmmi secures new order for export to Canada
Jul 13Farmmi (NASDAQ:FAMI) Will Be Hoping To Turn Its Returns On Capital Around
Feb 28Farmmi (NASDAQ:FAMI) Will Want To Turn Around Its Return Trends
Sep 13Farmmi: A Chinese Agriculture Brand Set To Capitalize On New Wellness Trends
Aug 13Should Shareholders Worry About Farmmi, Inc.'s (NASDAQ:FAMI) CEO Compensation Package?
Jul 09Farmmi receives noncompliance notification from Nasdaq
Jun 04Farmmi rallies on closing upsized public offering of $48.3M
May 03Can Mixed Fundamentals Have A Negative Impact on Farmmi, Inc. (NASDAQ:FAMI) Current Share Price Momentum?
Feb 01
Farmmi reports FY results
Jan 29Farmmi regains compliance with Nasdaq
Jan 12Farmmi nabs another follow-on order from multi-channel customer
Jan 06Farmmi wins multi-product order from a Chinese multi-channel customer
Dec 21Farmmi accelerates international expansion with Canadian order
Oct 29Financial Position Analysis
Short Term Liabilities: FAMI's short term assets ($155.3M) exceed its short term liabilities ($7.1M).
Long Term Liabilities: FAMI's short term assets ($155.3M) exceed its long term liabilities ($436.5K).
Debt to Equity History and Analysis
Debt Level: FAMI's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: FAMI's debt to equity ratio has reduced from 32.6% to 3.6% over the past 5 years.
Debt Coverage: FAMI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FAMI's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 00:15 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/09/30 |
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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Analyst Sources
Farmmi, Inc. is covered by 0 analysts. 0 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 |
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