Fresh Del Monte Produce Balance Sheet Health
Financial Health criteria checks 6/6
Fresh Del Monte Produce has a total shareholder equity of $1.9B and total debt of $400.0M, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are $3.2B and $1.3B respectively. Fresh Del Monte Produce's EBIT is $162.0M making its interest coverage ratio 7.1. It has cash and short-term investments of $35.9M.
Key information
20.9%
Debt to equity ratio
US$400.00m
Debt
| Interest coverage ratio | 7.1x |
| Cash | US$35.90m |
| Equity | US$1.91b |
| Total liabilities | US$1.27b |
| Total assets | US$3.18b |
Recent financial health updates
Fresh Del Monte Produce (NYSE:FDP) Has A Pretty Healthy Balance Sheet
Aug 04
Does Fresh Del Monte Produce (NYSE:FDP) Have A Healthy Balance Sheet?
Apr 27Does Fresh Del Monte Produce (NYSE:FDP) Have A Healthy Balance Sheet?
Jan 14Fresh Del Monte Produce (NYSE:FDP) Takes On Some Risk With Its Use Of Debt
Sep 28Is Fresh Del Monte Produce (NYSE:FDP) A Risky Investment?
Jun 14Recent updates
Fresh Del Monte Produce's (NYSE:FDP) Returns On Capital Are Heading Higher
Apr 24Fresh Del Monte Produce Is Attractive Here
Feb 26There's No Escaping Fresh Del Monte Produce Inc.'s (NYSE:FDP) Muted Earnings
Feb 06Fresh Del Monte Produce: Moderately Attractive And Trading Cheap
Dec 21Fresh Del Monte: Cheapest Valuation In 20 Years = Ben Graham Strong Buy
Nov 02Fresh Del Monte Produce's (NYSE:FDP) Returns On Capital Are Heading Higher
Nov 02Fresh Del Monte Looks Like A Healthy Opportunity At Only 0.6x P/B
Sep 19Is Now The Time To Put Fresh Del Monte Produce (NYSE:FDP) On Your Watchlist?
Sep 08Fresh Del Monte: Strong Margin Expansion May Not Be Sustainable
Aug 24Fresh Del Monte Produce (NYSE:FDP) Has A Pretty Healthy Balance Sheet
Aug 04The Returns At Fresh Del Monte Produce (NYSE:FDP) Aren't Growing
Jun 24Fresh Del Monte Produce Is Still Attractive Despite Its Pullback
May 30Fresh Del Monte Produce (NYSE:FDP) Is Increasing Its Dividend To $0.20
May 06Does Fresh Del Monte Produce (NYSE:FDP) Have A Healthy Balance Sheet?
Apr 27Fresh Del Monte Produce's (NYSE:FDP) Dividend Will Be $0.15
Feb 25Fresh Del Monte Produce's (NYSE:FDP) Returns Have Hit A Wall
Feb 23Fresh Del Monte Produce Q4 2022 Earnings Preview
Feb 21Fresh Del Monte Produce: Still Strong Trends And Upside Potential
Feb 08Fresh Del Monte and Talc Investment announce banana partnership in Somalia
Feb 02Does Fresh Del Monte Produce (NYSE:FDP) Have A Healthy Balance Sheet?
Jan 14Fresh Del Monte Produce goes ex dividend tomorrow
Nov 14Fresh Del Monte Produce (NYSE:FDP) Will Be Looking To Turn Around Its Returns
Nov 03Fresh Del Monte Produce Q3 2022 Earnings Preview
Nov 01Fresh Del Monte Produce (NYSE:FDP) Takes On Some Risk With Its Use Of Debt
Sep 28Fresh Del Monte gains on report of additional takeover interest
Sep 12Fresh Del Monte Produce Still Has Some Flavor In It
Sep 05Fresh Del Monte Produce declares $0.15 dividend
Aug 03Capital Allocation Trends At Fresh Del Monte Produce (NYSE:FDP) Aren't Ideal
Jul 22Fresh Del Monte Produce jumps on report of takeover interest
Jul 15Harvesting Value With Fresh Del Monte Produce
Jun 22Is Fresh Del Monte Produce (NYSE:FDP) A Risky Investment?
Jun 14Fresh Del Monte Produce (NYSE:FDP) Will Be Hoping To Turn Its Returns On Capital Around
Apr 14Fresh Del Monte Produce: Looking More Appetizing
Mar 18Financial Position Analysis
Short Term Liabilities: FDP's short term assets ($1.1B) exceed its short term liabilities ($540.6M).
Long Term Liabilities: FDP's short term assets ($1.1B) exceed its long term liabilities ($730.8M).
Debt to Equity History and Analysis
Debt Level: FDP's net debt to equity ratio (19%) is considered satisfactory.
Reducing Debt: FDP's debt to equity ratio has reduced from 34.8% to 20.9% over the past 5 years.
Debt Coverage: FDP's debt is well covered by operating cash flow (44.5%).
Interest Coverage: FDP's interest payments on its debt are well covered by EBIT (7.1x coverage).