PGG Wrightson Balance Sheet Health
Financial Health criteria checks 4/6
PGG Wrightson has a total shareholder equity of NZ$181.5M and total debt of NZ$98.0M, which brings its debt-to-equity ratio to 54%. Its total assets and total liabilities are NZ$658.9M and NZ$477.3M respectively. PGG Wrightson's EBIT is NZ$39.3M making its interest coverage ratio 6.4. It has cash and short-term investments of NZ$2.5M.
Key information
54.0%
Debt to equity ratio
NZ$98.00m
Debt
Interest coverage ratio | 6.4x |
Cash | NZ$2.48m |
Equity | NZ$181.52m |
Total liabilities | NZ$477.34m |
Total assets | NZ$658.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGWF.F's short term assets (NZ$498.1M) exceed its short term liabilities (NZ$348.7M).
Long Term Liabilities: PGWF.F's short term assets (NZ$498.1M) exceed its long term liabilities (NZ$128.6M).
Debt to Equity History and Analysis
Debt Level: PGWF.F's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: PGWF.F's debt to equity ratio has reduced from 75.4% to 54% over the past 5 years.
Debt Coverage: PGWF.F's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: PGWF.F's interest payments on its debt are well covered by EBIT (6.4x coverage).