Agri-Fintech Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Agri-Fintech Holdings has a total shareholder equity of $1.2B and total debt of $23.8M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are $1.2B and $38.4M respectively. Agri-Fintech Holdings's EBIT is $203.2M making its interest coverage ratio 224. It has cash and short-term investments of $13.6K.
Key information
2.0%
Debt to equity ratio
US$23.77m
Debt
| Interest coverage ratio | 224x |
| Cash | US$13.57k |
| Equity | US$1.20b |
| Total liabilities | US$38.40m |
| Total assets | US$1.24b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMNA's short term assets ($20.1M) do not cover its short term liabilities ($38.4M).
Long Term Liabilities: TMNA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TMNA's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TMNA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TMNA's debt is well covered by operating cash flow (294.4%).
Interest Coverage: TMNA's interest payments on its debt are well covered by EBIT (224x coverage).