Aegis Brands Balance Sheet Health
Financial Health criteria checks 0/6
Aegis Brands has a total shareholder equity of CA$20.9M and total debt of CA$28.9M, which brings its debt-to-equity ratio to 138.4%. Its total assets and total liabilities are CA$67.3M and CA$46.5M respectively. Aegis Brands's EBIT is CA$2.1M making its interest coverage ratio 0.7. It has cash and short-term investments of CA$803.0K.
Key information
138.4%
Debt to equity ratio
CA$28.88m
Debt
| Interest coverage ratio | 0.7x |
| Cash | CA$803.00k |
| Equity | CA$20.86m |
| Total liabilities | CA$46.46m |
| Total assets | CA$67.32m |
Recent financial health updates
Does Aegis Brands (TSE:AEG) Have A Healthy Balance Sheet?
Nov 06
Is Aegis Brands (TSE:AEG) Using Debt Sensibly?
Aug 08Recent updates
Optimistic Investors Push Aegis Brands Inc. (TSE:AEG) Shares Up 28% But Growth Is Lacking
May 01Revenues Not Telling The Story For Aegis Brands Inc. (TSE:AEG) After Shares Rise 36%
Mar 14Investors Don't See Light At End Of Aegis Brands Inc.'s (TSE:AEG) Tunnel
Dec 30Does Aegis Brands (TSE:AEG) Have A Healthy Balance Sheet?
Nov 06Is Aegis Brands (TSE:AEG) Using Debt Sensibly?
Aug 08Aegis Brands Inc.'s (TSE:AEG) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jun 13A Look At The Fair Value Of Aegis Brands Inc. (TSE:AEG)
Jul 15Financial Position Analysis
Short Term Liabilities: AEG's short term assets (CA$12.3M) do not cover its short term liabilities (CA$14.1M).
Long Term Liabilities: AEG's short term assets (CA$12.3M) do not cover its long term liabilities (CA$32.4M).
Debt to Equity History and Analysis
Debt Level: AEG's net debt to equity ratio (134.6%) is considered high.
Reducing Debt: AEG's debt to equity ratio has increased from 4.4% to 138.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AEG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AEG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35% each year