Freshpet Balance Sheet Health
Financial Health criteria checks 4/6
Freshpet has a total shareholder equity of $977.8M and total debt of $393.6M, which brings its debt-to-equity ratio to 40.3%. Its total assets and total liabilities are $1.5B and $502.7M respectively. Freshpet's EBIT is $389.0K making its interest coverage ratio -0.3. It has cash and short-term investments of $257.9M.
Key information
40.3%
Debt to equity ratio
US$393.59m
Debt
| Interest coverage ratio | -0.3x |
| Cash | US$257.89m |
| Equity | US$977.84m |
| Total liabilities | US$502.75m |
| Total assets | US$1.48b |
Recent financial health updates
Freshpet (NASDAQ:FRPT) Seems To Use Debt Quite Sensibly
Jun 30
Freshpet (NASDAQ:FRPT) Is Making Moderate Use Of Debt
Feb 20Does Freshpet (NASDAQ:FRPT) Have A Healthy Balance Sheet?
Nov 02Here's Why Freshpet (NASDAQ:FRPT) Can Afford Some Debt
Jun 08Health Check: How Prudently Does Freshpet (NASDAQ:FRPT) Use Debt?
Jan 16Is Freshpet (NASDAQ:FRPT) A Risky Investment?
Aug 10Recent updates
Freshpet: Anticipating Strong Growth And Positive Earnings In 2024 (Upgrade)
Jul 01Freshpet (NASDAQ:FRPT) Seems To Use Debt Quite Sensibly
Jun 30Returns On Capital Are Showing Encouraging Signs At Freshpet (NASDAQ:FRPT)
Jun 13What Does Freshpet, Inc.'s (NASDAQ:FRPT) Share Price Indicate?
May 28There May Be Underlying Issues With The Quality Of Freshpet's (NASDAQ:FRPT) Earnings
May 13With Freshpet, Inc. (NASDAQ:FRPT) It Looks Like You'll Get What You Pay For
Apr 26Freshpet, Inc. (NASDAQ:FRPT) Analysts Are Pretty Bullish On The Stock After Recent Results
Feb 29Freshpet (NASDAQ:FRPT) Is Making Moderate Use Of Debt
Feb 20Short Freshpet: Replaceable Product, No Moat
Feb 12Why Investors Shouldn't Be Surprised By Freshpet, Inc.'s (NASDAQ:FRPT) P/S
Dec 28Does Freshpet (NASDAQ:FRPT) Have A Healthy Balance Sheet?
Nov 02Freshpet, Inc. (NASDAQ:FRPT) Not Lagging Industry On Growth Or Pricing
Jul 05Here's Why Freshpet (NASDAQ:FRPT) Can Afford Some Debt
Jun 08Health Check: How Prudently Does Freshpet (NASDAQ:FRPT) Use Debt?
Jan 16Is Freshpet, Inc. (NASDAQ:FRPT) Potentially Undervalued?
Dec 10Freshpet: Shares Haven't Fallen Enough Yet
Sep 21Is There Now An Opportunity In Freshpet, Inc. (NASDAQ:FRPT)?
Sep 04Is Freshpet (NASDAQ:FRPT) A Risky Investment?
Aug 10Freshpet: Zombie Stock #2 - Could Fall Further As Fed Raises Rates
Jun 30Freshpet Has A Lot Of Potential, But Also Significant Risks
May 12Freshpet Q1 Earnings: Stock Still Overpriced
May 03Freshpet: Put This Stock In The Doghouse
Feb 17Financial Position Analysis
Short Term Liabilities: FRPT's short term assets ($407.0M) exceed its short term liabilities ($81.9M).
Long Term Liabilities: FRPT's short term assets ($407.0M) do not cover its long term liabilities ($420.8M).
Debt to Equity History and Analysis
Debt Level: FRPT's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: FRPT's debt to equity ratio has increased from 8.3% to 40.3% over the past 5 years.
Debt Coverage: FRPT's debt is well covered by operating cash flow (24.2%).
Interest Coverage: FRPT earns more interest than it pays, so coverage of interest payments is not a concern.