RFF 0.00% $2.01 rural funds group

Ann: 1H24 financial results presentation, page-3

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    Adjusted funds from operations down 21% and trend is worsening (FY23 -7%).
    Payout ratio now 147% (+32%). FY23 110%.
    Increase in borrowing and gearing.
    Sufficient facility headroom for capex requirements but this is marginal ($171.6m to cover $165.7m).

    https://hotcopper.com.au/data/attachments/5983/5983541-0f5366164a8e64cfc140686618b9df29.jpg
    Last edited by Arpeebee: Sentiment should be Hold not buy 24/02/24
 
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