This company has been acquired
The company may no longer be operating, as it has been acquired. Find out why through their latest events.
FAX Capital Balance Sheet Health
Financial Health criteria checks 6/6
Key information
n/a
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$54.75m |
| Equity | CA$216.02m |
| Total liabilities | CA$4.70m |
| Total assets | CA$220.72m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FXC's short term assets (CA$56.3M) exceed its short term liabilities (CA$4.7M).
Long Term Liabilities: FXC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FXC is debt free.
Reducing Debt: FXC has no debt compared to 5 years ago when its debt to equity ratio was 3.8%.
Debt Coverage: FXC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FXC has no debt, therefore coverage of interest payments is not a concern.