ForFarmers Balance Sheet Health
Financial Health criteria checks 4/6
ForFarmers has a total shareholder equity of €308.9M and total debt of €133.8M, which brings its debt-to-equity ratio to 43.3%. Its total assets and total liabilities are €912.2M and €603.3M respectively. ForFarmers's EBIT is €6.7M making its interest coverage ratio 0.7. It has cash and short-term investments of €46.9M.
Key information
43.3%
Debt to equity ratio
€133.80m
Debt
| Interest coverage ratio | 0.7x |
| Cash | €46.90m |
| Equity | €308.90m |
| Total liabilities | €603.30m |
| Total assets | €912.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRFB.F's short term assets (€478.4M) exceed its short term liabilities (€395.6M).
Long Term Liabilities: FRFB.F's short term assets (€478.4M) exceed its long term liabilities (€207.7M).
Debt to Equity History and Analysis
Debt Level: FRFB.F's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: FRFB.F's debt to equity ratio has increased from 21% to 43.3% over the past 5 years.
Debt Coverage: FRFB.F's debt is well covered by operating cash flow (58.2%).
Interest Coverage: FRFB.F's interest payments on its debt are not well covered by EBIT (0.7x coverage).