PGG Wrightson Balance Sheet Health
Financial Health criteria checks 4/6
PGG Wrightson has a total shareholder equity of NZ$164.7M and total debt of NZ$63.0M, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are NZ$477.6M and NZ$312.9M respectively. PGG Wrightson's EBIT is NZ$15.4M making its interest coverage ratio 1.6. It has cash and short-term investments of NZ$3.8M.
Key information
38.2%
Debt to equity ratio
NZ$63.00m
Debt
| Interest coverage ratio | 1.6x |
| Cash | NZ$3.79m |
| Equity | NZ$164.73m |
| Total liabilities | NZ$312.90m |
| Total assets | NZ$477.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGWF.F's short term assets (NZ$294.6M) exceed its short term liabilities (NZ$170.3M).
Long Term Liabilities: PGWF.F's short term assets (NZ$294.6M) exceed its long term liabilities (NZ$142.6M).
Debt to Equity History and Analysis
Debt Level: PGWF.F's net debt to equity ratio (35.9%) is considered satisfactory.
Reducing Debt: PGWF.F's debt to equity ratio has increased from 0.7% to 38.2% over the past 5 years.
Debt Coverage: PGWF.F's debt is well covered by operating cash flow (91.6%).
Interest Coverage: PGWF.F's interest payments on its debt are not well covered by EBIT (1.6x coverage).