
Is GrainCorp financially healthy?
Not really
GrainCorp earns only 1.9 times its interest bill, which leaves little room.
The numbers behind it
Net debt / EBITDA1.2 years
Cash vs. debtA$511M vs. A$834M
Current ratio1.8×Short-term assets for each A$1 of bills due within a year
Interest coverage1.9×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 GrainCorp
Data as of Nov 13, 2026.