Is Fletcher Building financially healthy?
Not really
Fletcher Building carries heavy debt: it would take 70.3 years of earnings to pay it off.
The numbers behind it
Net debt / EBITDA70.3 years
Cash vs. debtA$139M vs. A$2.7B
Current ratio1.4×Short-term assets for each A$1 of bills due within a year
Interest coverage-3.0×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Fletcher Building
Data as of Nov 13, 2026.