Select Harvests Balance Sheet Health

Financial Health criteria checks 2/6

Select Harvests has a total shareholder equity of A$480.8M and total debt of A$165.2M, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are A$1.0B and A$529.3M respectively. Select Harvests's EBIT is A$15.2M making its interest coverage ratio 1. It has cash and short-term investments of A$2.9M.

Key information

34.4%

Debt to equity ratio

AU$165.20m

Debt

Interest coverage ratio	1x
Cash	AU$2.87m
Equity	AU$480.76m
Total liabilities	AU$529.31m
Total assets	AU$1.01b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SHVT.F's short term assets (A$315.2M) exceed its short term liabilities (A$178.7M).

Long Term Liabilities: SHVT.F's short term assets (A$315.2M) do not cover its long term liabilities (A$350.6M).

Debt to Equity History and Analysis

Debt Level: SHVT.F's net debt to equity ratio (33.8%) is considered satisfactory.

Reducing Debt: SHVT.F's debt to equity ratio has increased from 0.9% to 34.4% over the past 5 years.

Debt Coverage: SHVT.F's debt is not well covered by operating cash flow (12.9%).

Interest Coverage: SHVT.F's interest payments on its debt are not well covered by EBIT (1x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 15:16
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
Annual Earnings	2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Select Harvests Limited is covered by 18 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Piers Flanagan	Barrenjoey Markets Pty Limited
Josh Kannourakis	Barrenjoey Markets Pty Limited
Jonathan Snape	Bell Potter

Select Harvests Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

Recent updates

Select Harvests Limited Announces Chief Financial Officer Changes, Effective December 2, 2024

Select Harvests Limited to Report Fiscal Year 2024 Results on Nov 29, 2024

Select Harvests Limited Announces CFO Changes

Select Harvests Limited to Report First Half, 2024 Results on May 31, 2024

Select Harvests Limited, Annual General Meeting, Feb 29, 2024

Select Harvests Limited Appoints Paul van Heerwaarden as Non-Executive Director, Effective 1 November 2023

New major risk - Financial position

Select Harvests Limited to Report First Half, 2023 Results on May 29, 2023

Select Harvests Limited Announces the Appointment of David Surveyor as Director

Select Harvests Limited, Annual General Meeting, Feb 27, 2023

Select Harvests Limited Appoints Michelle Somerville as Non-Executive Director

Select Harvests Limited Announces Dividend for the Twelve Months Ended September 30, 2022, Payable on February 3, 2023

Select Harvests Limited Announces Managing Director Changes

Select Harvests Limited to Report Fiscal Year 2022 Results on Nov 22, 2022

Select Harvests Limited Announces Board Changes

Select Harvests Limited to Report First Half, 2022 Results on May 27, 2022

Select Harvests Limited Announces Committee Changes

Select Harvests Limited Announces Crop and Market Update

Select Harvests Limited Not Seeking Re-Election of Mr. Michael Carroll as Non-Executive Director

Select Harvests Limited (ASX:SHV) completed the acquisition of Piangil Almond Orchard from United Almonds Limited, Lake Lucas Almonds Pty Ltd and Bright Light Agribusiness Pty Ltd.

Select Harvests Limited to Report Fiscal Year 2020 Results on Nov 30, 2020

Select Harvests Limited has completed a Follow-on Equity Offering in the amount of AUD 40.236123 million.

Select Harvests Limited (ASX:SHV) entered into an implementation deed and sale agreement to acquire Piangil Almond Orchard from United Almonds Limited, Lake Lucas Almonds Pty Ltd and Bright Light Agribusiness Pty Ltd for AUD 129 million.