Golden Agri-Resources Balance Sheet Health
Financial Health criteria checks 5/6
Golden Agri-Resources has a total shareholder equity of $5.2B and total debt of $3.2B, which brings its debt-to-equity ratio to 61.3%. Its total assets and total liabilities are $9.7B and $4.5B respectively. Golden Agri-Resources's EBIT is $470.6M making its interest coverage ratio 3.1. It has cash and short-term investments of $1.1B.
Key information
61.3%
Debt to equity ratio
US$3.18b
Debt
Interest coverage ratio | 3.1x |
Cash | US$1.14b |
Equity | US$5.18b |
Total liabilities | US$4.54b |
Total assets | US$9.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GARP.F's short term assets ($3.9B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: GARP.F's short term assets ($3.9B) exceed its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: GARP.F's net debt to equity ratio (39.4%) is considered satisfactory.
Reducing Debt: GARP.F's debt to equity ratio has reduced from 77.6% to 61.3% over the past 5 years.
Debt Coverage: GARP.F's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: GARP.F's interest payments on its debt are well covered by EBIT (3.1x coverage).