Badger Infrastructure Solutions Balance Sheet Health
Financial Health criteria checks 3/6
Badger Infrastructure Solutions has a total shareholder equity of $242.0M and total debt of $194.0M, which brings its debt-to-equity ratio to 80.2%. Its total assets and total liabilities are $642.7M and $400.7M respectively. Badger Infrastructure Solutions's EBIT is $58.4M making its interest coverage ratio 3.5. It has cash and short-term investments of $8.4M.
Key information
80.2%
Debt to equity ratio
US$193.96m
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$8.41m |
| Equity | US$241.96m |
| Total liabilities | US$400.72m |
| Total assets | US$642.68m |
Recent financial health updates
Here's Why Badger Infrastructure Solutions (TSE:BDGI) Can Manage Its Debt Responsibly
Feb 28
Badger Infrastructure Solutions (TSE:BDGI) Has A Pretty Healthy Balance Sheet
Nov 01Does Badger Infrastructure Solutions (TSE:BDGI) Have A Healthy Balance Sheet?
Sep 07These 4 Measures Indicate That Badger Infrastructure Solutions (TSE:BDGI) Is Using Debt Extensively
Oct 08Recent updates
Some Investors May Be Worried About Badger Infrastructure Solutions' (TSE:BDGI) Returns On Capital
Apr 19Getting In Cheap On Badger Infrastructure Solutions Ltd. (TSE:BDGI) Might Be Difficult
Mar 22Here's Why Badger Infrastructure Solutions (TSE:BDGI) Can Manage Its Debt Responsibly
Feb 28Is Now An Opportune Moment To Examine Badger Infrastructure Solutions Ltd. (TSE:BDGI)?
Jan 11Badger Infrastructure Solutions (TSE:BDGI) Is Paying Out A Dividend Of $0.1725
Dec 13Badger Infrastructure Solutions' (TSE:BDGI) Dividend Will Be $0.1725
Nov 23Badger Infrastructure Solutions (TSE:BDGI) Has Announced A Dividend Of $0.1725
Nov 09Badger Infrastructure Solutions (TSE:BDGI) Has A Pretty Healthy Balance Sheet
Nov 01The Returns On Capital At Badger Infrastructure Solutions (TSE:BDGI) Don't Inspire Confidence
Oct 10Badger Infrastructure Solutions (TSE:BDGI) Has Announced A Dividend Of $0.1725
Sep 21Why Badger Infrastructure Solutions Ltd. (TSE:BDGI) Could Be Worth Watching
Aug 06A Look At The Intrinsic Value Of Badger Infrastructure Solutions Ltd. (TSE:BDGI)
May 08Is It Too Late To Consider Buying Badger Infrastructure Solutions Ltd. (TSE:BDGI)?
Dec 20Badger Infrastructure Solutions' (TSE:BDGI) Returns On Capital Not Reflecting Well On The Business
Nov 29Does Badger Infrastructure Solutions (TSE:BDGI) Have A Healthy Balance Sheet?
Sep 07Badger Infrastructure Solutions (TSE:BDGI) Will Want To Turn Around Its Return Trends
Aug 17Is Now The Time To Look At Buying Badger Infrastructure Solutions Ltd. (TSE:BDGI)?
Jan 29Badger Infrastructure Solutions (TSE:BDGI) Has Announced A Dividend Of CA$0.052
Nov 19Badger Infrastructure Solutions (TSE:BDGI) Has Re-Affirmed Its Dividend Of CA$0.052
Oct 18These 4 Measures Indicate That Badger Infrastructure Solutions (TSE:BDGI) Is Using Debt Extensively
Oct 08Badger Infrastructure Solutions (TSE:BDGI) Will Pay A Dividend Of CA$0.052
Aug 19Financial Position Analysis
Short Term Liabilities: BDGI's short term assets ($195.2M) exceed its short term liabilities ($113.4M).
Long Term Liabilities: BDGI's short term assets ($195.2M) do not cover its long term liabilities ($287.4M).
Debt to Equity History and Analysis
Debt Level: BDGI's net debt to equity ratio (76.7%) is considered high.
Reducing Debt: BDGI's debt to equity ratio has increased from 31.4% to 80.2% over the past 5 years.
Debt Coverage: BDGI's debt is well covered by operating cash flow (68.3%).
Interest Coverage: BDGI's interest payments on its debt are well covered by EBIT (3.5x coverage).