Dominion Lending Centres Balance Sheet Health
Financial Health criteria checks 0/6
Dominion Lending Centres has a total shareholder equity of CA$25.9M and total debt of CA$154.4M, which brings its debt-to-equity ratio to 594.8%. Its total assets and total liabilities are CA$218.1M and CA$192.2M respectively. Dominion Lending Centres's EBIT is CA$18.3M making its interest coverage ratio 1.4. It has cash and short-term investments of CA$5.6M.
Key information
594.8%
Debt to equity ratio
CA$154.35m
Debt
Interest coverage ratio | 1.4x |
Cash | CA$5.61m |
Equity | CA$25.95m |
Total liabilities | CA$192.16m |
Total assets | CA$218.11m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: DLCG's short term assets (CA$22.6M) do not cover its short term liabilities (CA$33.2M).
Long Term Liabilities: DLCG's short term assets (CA$22.6M) do not cover its long term liabilities (CA$158.9M).
Debt to Equity History and Analysis
Debt Level: DLCG's net debt to equity ratio (573.2%) is considered high.
Reducing Debt: DLCG's debt to equity ratio has increased from 46.7% to 594.8% over the past 5 years.
Debt Coverage: DLCG's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: DLCG's interest payments on its debt are not well covered by EBIT (1.4x coverage).