Sanford Balance Sheet Health
Financial Health criteria checks 4/6
Sanford has a total shareholder equity of NZ$685.0M and total debt of NZ$203.0M, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are NZ$1.1B and NZ$387.4M respectively. Sanford's EBIT is NZ$30.7M making its interest coverage ratio 2.3. It has cash and short-term investments of NZ$6.8M.
Key information
29.6%
Debt to equity ratio
NZ$203.00m
Debt
Interest coverage ratio | 2.3x |
Cash | NZ$6.81m |
Equity | NZ$684.95m |
Total liabilities | NZ$387.36m |
Total assets | NZ$1.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SARD.F's short term assets (NZ$276.4M) exceed its short term liabilities (NZ$180.4M).
Long Term Liabilities: SARD.F's short term assets (NZ$276.4M) exceed its long term liabilities (NZ$207.0M).
Debt to Equity History and Analysis
Debt Level: SARD.F's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: SARD.F's debt to equity ratio has increased from 26.6% to 29.6% over the past 5 years.
Debt Coverage: SARD.F's debt is well covered by operating cash flow (20.2%).
Interest Coverage: SARD.F's interest payments on its debt are not well covered by EBIT (2.3x coverage).