Farmland Partners Balance Sheet Health
Financial Health criteria checks 3/6
Farmland Partners has a total shareholder equity of $591.9M and total debt of $201.8M, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are $810.5M and $218.5M respectively. Farmland Partners's EBIT is $25.6M making its interest coverage ratio 1.6. It has cash and short-term investments of $21.9M.
Key information
34.09%
Debt to equity ratio
US$201.80m
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$21.88m |
| Equity | US$591.95m |
| Total liabilities | US$218.52m |
| Total assets | US$810.47m |
Recent financial health updates
No updates
Recent updates
Farmland Partners: Reduced Debt And High Resilience Amid Uncertainty
May 02Farmland Partners: Interim Value Via Asset Sales, Long Term Via Strategic Pivot
Mar 07
Asset Sales And High Expenses Will Pressure Future Earnings In Farmland Sector
Feb 09 Concerns over farmland valuation, especially in California, could impact future revenue projections and growth opportunities.Farmland Partners: AFFO Set To Benefit From Deleveraging In 2025
Dec 27Farmland Partners Massive Land Sale Demonstrates Asset Value
Oct 17Farmland Partners: Selling A Quarter Of Their Book Confirms 50% Upside To NAV
Oct 07Farmland Partners: A Better Alternative To Gold Or Treasuries
Sep 24Farmland Partners: Reaching NAV Unlikely Outside Of A Sale
Jul 11Farmland Partners Q1 Earnings: Results In Line, Still Pricey
May 01Farmland Partners: The Store Of Value Thesis
Mar 20Farmland Partners: Some Structural Merits, But Not Very Compelling At These Levels
Jan 02Farmland Partners: Why The Strategy Is Not Working
Oct 18Farmland Partners' ~$18.60 Value Is Obscured By Accounting Intricacies
Aug 15Farmland Partners: Unique Business But Pricey
Jul 20Farmland Partners Q4 Earnings: Is The Stock Worth Buying The Dip?
Feb 24Farmland Partners acquires Illinois Farmland for $2.16M
Feb 03Farmland Partners: Assessing If A Breakout Is At Hand
Jan 19Farmland Partners appoints Luca Fabbri as CEO
Nov 08Farmland Partners Q3 2022 Earnings Preview
Oct 24Financial Position Analysis
Short Term Liabilities: FPI's short term assets ($51.6M) exceed its short term liabilities ($35.5M).
Long Term Liabilities: FPI's short term assets ($51.6M) do not cover its long term liabilities ($183.0M).
Debt to Equity History and Analysis
Debt Level: FPI's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: FPI's debt to equity ratio has reduced from 90.9% to 34.1% over the past 5 years.
Debt Coverage: FPI's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: FPI's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/14 07:56 |
| End of Day Share Price | 2025/05/14 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Farmland Partners Inc. is covered by 10 analysts. 2 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 |
|---|---|
| Nathan Crossett | Berenberg |
| Paul Adornato | BMO Capital Markets Equity Research |
| Craig Kucera | B. Riley Securities, Inc. |