NFI Group Balance Sheet Health
Financial Health criteria checks 2/6
NFI Group has a total shareholder equity of $702.9M and total debt of $999.2M, which brings its debt-to-equity ratio to 142.2%. Its total assets and total liabilities are $2.7B and $2.0B respectively.
Key information
142.2%
Debt to equity ratio
US$999.21m
Debt
| Interest coverage ratio | n/a |
| Cash | US$49.62m |
| Equity | US$702.91m |
| Total liabilities | US$2.00b |
| Total assets | US$2.70b |
Recent financial health updates
Health Check: How Prudently Does NFI Group (TSE:NFI) Use Debt?
Jan 19
Is 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 20NFI Group (TSE:NFI) Has A Somewhat Strained Balance Sheet
Aug 06Recent updates
Investors 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 06NFI Group (TSE:NFI) Is Due To Pay A Dividend Of CA$0.21
Jun 19We Discuss Why NFI Group Inc.'s (TSE:NFI) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
Apr 30Looking For Steady Income For Your Dividend Portfolio? Is NFI Group Inc. (TSE:NFI) A Good Fit?
Apr 13Analysts Are Updating Their NFI Group Inc. (TSE:NFI) Estimates After Its Annual Results
Mar 06Financial Position Analysis
Short Term Liabilities: NFI's short term assets ($1.3B) exceed its short term liabilities ($719.7M).
Long Term Liabilities: NFI's short term assets ($1.3B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: NFI's net debt to equity ratio (135.1%) is considered high.
Reducing Debt: NFI's debt to equity ratio has increased from 80.2% to 142.2% over the past 5 years.
Debt Coverage: NFI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if NFI's interest payments on its debt are well covered by EBIT.