NFI Group Balance Sheet Health
Financial Health criteria checks 3/6
NFI Group has a total shareholder equity of $699.7M and total debt of $1.1B, which brings its debt-to-equity ratio to 153%. Its total assets and total liabilities are $2.9B and $2.2B respectively. NFI Group's EBIT is $99.1M making its interest coverage ratio 0.7. It has cash and short-term investments of $59.7M.
Key information
153.0%
Debt to equity ratio
US$1.07b
Debt
| Interest coverage ratio | 0.7x |
| Cash | US$59.72m |
| Equity | US$699.72m |
| Total liabilities | US$2.21b |
| Total assets | US$2.91b |
Recent financial health updates
Does NFI Group (TSE:NFI) Have A Healthy Balance Sheet?
Jun 18
Health Check: How Prudently Does NFI Group (TSE:NFI) Use Debt?
Jan 19Is NFI Group (TSE:NFI) Using Debt Sensibly?
Sep 29NFI Group (TSE:NFI) Has Debt But No Earnings; Should You Worry?
Jan 05Is NFI Group (TSE:NFI) A Risky Investment?
Sep 30Is NFI Group (TSE:NFI) Using Debt In A Risky Way?
Apr 20Recent updates
NFI Group Inc.'s (TSE:NFI) Intrinsic Value Is Potentially 77% Above Its Share Price
Dec 07Investors Continue Waiting On Sidelines For NFI Group Inc. (TSE:NFI)
Oct 07Does NFI Group (TSE:NFI) Have A Healthy Balance Sheet?
Jun 18A Piece Of The Puzzle Missing From NFI Group Inc.'s (TSE:NFI) 41% Share Price Climb
May 23Investors Holding Back On NFI Group Inc. (TSE:NFI)
Mar 28Health Check: How Prudently Does NFI Group (TSE:NFI) Use Debt?
Jan 19NFI Group Inc. (TSE:NFI) Screens Well But There Might Be A Catch
Dec 22Is NFI Group (TSE:NFI) Using Debt Sensibly?
Sep 29NFI Group (TSE:NFI) Has Debt But No Earnings; Should You Worry?
Jan 05NFI Group Inc. (TSE:NFI) Shares Could Be 49% Below Their Intrinsic Value Estimate
Nov 12Is NFI Group (TSE:NFI) A Risky Investment?
Sep 30Is It Time To Consider Buying NFI Group Inc. (TSE:NFI)?
Aug 24Is NFI Group (TSE:NFI) Using Debt In A Risky Way?
Apr 20NFI Group (TSE:NFI) Is Paying Out Less In Dividends Than Last Year
Mar 18We Don’t Think NFI Group's (TSE:NFI) Earnings Should Make Shareholders Too Comfortable
Nov 10NFI Group's (TSE:NFI) Dividend Will Be CA$0.21
Sep 24NFI Group (TSE:NFI) Has A Somewhat Strained Balance Sheet
Aug 06Financial Position Analysis
Short Term Liabilities: NFI's short term assets ($1.5B) exceed its short term liabilities ($884.8M).
Long Term Liabilities: NFI's short term assets ($1.5B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: NFI's net debt to equity ratio (144.5%) is considered high.
Reducing Debt: NFI's debt to equity ratio has reduced from 155.2% to 153% over the past 5 years.
Debt Coverage: NFI's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: NFI's interest payments on its debt are not well covered by EBIT (0.7x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:13 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/29 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NFI Group Inc. is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Murray | ATB Capital Markets |
| Tamy Chen | BMO Capital Markets Equity Research |
| David Tyerman | Canaccord Genuity |