Farmland Partners Balance Sheet Health
Financial Health criteria checks 2/6
Farmland Partners has a total shareholder equity of $630.8M and total debt of $360.9M, which brings its debt-to-equity ratio to 57.2%. Its total assets and total liabilities are $1.0B and $391.2M respectively. Farmland Partners's EBIT is $23.9M making its interest coverage ratio 1.1. It has cash and short-term investments of $7.2M.
Key information
57.2%
Debt to equity ratio
US$360.86m
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$7.20m |
| Equity | US$630.81m |
| Total liabilities | US$391.19m |
| Total assets | US$1.02b |
Recent financial health updates
No updates
Recent updates
Farmland 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 24Farmland partners purchases two new farms for $3.36M
Oct 12Farmland Partners Remains A Value Even After Doubling
Sep 14Farmland Partners: Portfolio Diversifier And Tail Hedge
Sep 02Farmland Partners sees revenue growth as renewable energy tenant expands solar power portfolio
Aug 24Farmland Partners acquires two Illinois farms for $6.6M
Aug 03Farmland Partners Q2 2022 Earnings Preview
Jul 26Farmland Partners goes ex-dividend tomorrow
Jun 29Buy Farmland Partners For Its Assets, Not Its Cash Flow
Jun 21Farmland Partners Inc. (NYSE:FPI) Released Earnings Last Week And Analysts Lifted Their Price Target To US$15.20
May 07
Farmland Partners Is Appreciating At Twice The Rate Of Inflation
Apr 25Beat Inflation With Real Estate: W.P. Carey And Farmland Partners
Apr 03Farmland Partners To Deliver Exceptional Sharpe Ratio
Jan 18Farmland Partners Gets Cheap On Misunderstood Preferred Conversion
Oct 18Financial Position Analysis
Short Term Liabilities: FPI's short term assets ($37.3M) exceed its short term liabilities ($28.0M).
Long Term Liabilities: FPI's short term assets ($37.3M) do not cover its long term liabilities ($363.2M).
Debt to Equity History and Analysis
Debt Level: FPI's net debt to equity ratio (56.1%) is considered high.
Reducing Debt: FPI's debt to equity ratio has reduced from 86.9% to 57.2% over the past 5 years.
Debt Coverage: FPI's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: FPI's interest payments on its debt are not well covered by EBIT (1.1x coverage).