AgriFORCE Growing Systems (AGRIW) Debt Metrics
Market Cap: $69.23K
Avg Volume: -
Industry: Agricultural Farm Products
Sector: Consumer Defensive
How much debt does AgriFORCE Growing Systems have?
According to AgriFORCE Growing Systems's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
AgriFORCE Growing Systems's total debt stands at $4.13M. This is broken down into:
- Long-term debt: $45.37K
- Short-term debt: $4.08M
The company's net debt, which accounts for cash and cash equivalents, is $251.43K. In terms of overall financial obligations, AgriFORCE Growing Systems's total liabilities amount to $8.80M.
Debt Ratios and Metrics
To better understand AgriFORCE Growing Systems's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.48 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 23.78% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: -1.40 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 0.53% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 32.53% - this indicates the total debt in the company's capital structure.
These metrics provide insight into AgriFORCE Growing Systems's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$4.13M
Long-term Debt
$45.37K
Short-term Debt
$4.08M
Net Debt
$251.43K
Total Liabilities
$8.80M
Interest Coverage
-1.40
Debt to Equity Ratio
0.48
Debt Ratio
23.78%
AgriFORCE Growing Systems Historical Debt Metrics
AgriFORCE Growing Systems Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
---|---|---|---|---|---|---|---|---|---|---|
2023 | $4.13M | $45.37K | $4.08M | $251.43K | $8.80M | 0.48 | 23.78% | -1.40 | 0.53% | 32.53% |
2022 | $5.51M | $1.29M | $4.21M | $3.24M | $11.30M | 0.38 | 18.25% | -4.02 | 0.42% | 27.44% |
2021 | $47.33K | $47.33K | $- | $-7.73M | $3.77M | 0.01 | 0.40% | -14.33 | 0.59% | 0.59% |
2020 | $31.42K | $31.42K | $- | $-621.99K | $1.96M | 0.02 | 0.93% | 0.00 | 2.19% | 2.19% |
2019 | $- | $- | $- | $-2.16M | $1.38M | 0.00 | 0.00% | 0.00 | 0.00% | 0.00% |
2018 | $- | $- | $- | $-79.02K | $264.19K | 0.00 | 0.00% | 0.00 | 0.00% | 0.00% |