Firm Capital Mortgage Investment Balance Sheet Health
Financial Health criteria checks 4/6
Firm Capital Mortgage Investment has a total shareholder equity of CA$399.7M and total debt of CA$188.6M, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are CA$593.3M and CA$193.6M respectively.
Key information
47.2%
Debt to equity ratio
CA$188.56m
Debt
Interest coverage ratio | n/a |
Cash | CA$6.60m |
Equity | CA$399.72m |
Total liabilities | CA$193.61m |
Total assets | CA$593.33m |
Recent financial health updates
No updates
Recent updates
Firm Capital Mortgage Investment (TSE:FC) Has Announced A Dividend Of CA$0.078
Aug 24Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078
Aug 08Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078
Jul 25Firm Capital Mortgage Investment (TSE:FC) Is Due To Pay A Dividend Of CA$0.078
Jul 06Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078
Jun 15Firm Capital Mortgage Investment (TSE:FC) Is Paying Out A Dividend Of CA$0.078
Jun 01Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078
May 10Firm Capital Mortgage Investment (TSE:FC) Has Affirmed Its Dividend Of CA$0.078
Apr 04Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078
Feb 28Firm Capital Mortgage Investment (TSE:FC) Is Paying Out A Dividend Of CA$0.078
Jan 31Firm Capital Mortgage Investment (TSE:FC) Has Affirmed Its Dividend Of CA$0.078
Jan 09Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.092
Dec 25Firm Capital Mortgage Investment (TSE:FC) Is Due To Pay A Dividend Of CA$0.078
Nov 16Firm Capital Mortgage Investment (TSE:FC) Is Due To Pay A Dividend Of CA$0.078
Oct 30Firm Capital Mortgage Investment (TSE:FC) Has Announced A Dividend Of CA$0.078
Sep 30Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078
Sep 01Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078
Aug 10Firm Capital Mortgage Investment (TSE:FC) Has Announced A Dividend Of CA$0.078
Jul 19Firm Capital Mortgage Investment (TSE:FC) Will Pay A Dividend Of CA$0.078
Jul 01Firm Capital Mortgage Investment (TSE:FC) Has Announced A Dividend Of CA$0.078
May 26Firm Capital Mortgage Investment (TSE:FC) Has Re-Affirmed Its Dividend Of CA$0.078
May 12Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078
Apr 16Firm Capital Mortgage Investment (TSE:FC) Is Due To Pay A Dividend Of CA$0.078
Mar 15Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078
Feb 27Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078
Feb 08Firm Capital Mortgage Investment (TSE:FC) Has Affirmed Its Dividend Of CA$0.078
Jan 25Firm Capital Mortgage Investment (TSE:FC) Has Announced A Dividend Of CA$0.078
Jan 10Firm Capital Mortgage Investment (TSE:FC) Has Affirmed Its Dividend Of CA$0.09
Dec 21Firm Capital Mortgage Investment's (TSE:FC) Dividend Will Be CA$0.078
Oct 30Financial Position Analysis
Short Term Liabilities: FC's short term assets (CA$593.3M) exceed its short term liabilities (CA$61.4M).
Long Term Liabilities: FC's short term assets (CA$593.3M) exceed its long term liabilities (CA$132.2M).
Debt to Equity History and Analysis
Debt Level: FC's net debt to equity ratio (45.5%) is considered high.
Reducing Debt: FC's debt to equity ratio has reduced from 76% to 47.2% over the past 5 years.
Debt Coverage: FC's debt is well covered by operating cash flow (32.7%).
Interest Coverage: Insufficient data to determine if FC's interest payments on its debt are well covered by EBIT.