Solution Financial Balance Sheet Health
Financial Health criteria checks 2/6
Solution Financial has a total shareholder equity of CA$12.7M and total debt of CA$14.6M, which brings its debt-to-equity ratio to 115.6%. Its total assets and total liabilities are CA$31.0M and CA$18.4M respectively. Solution Financial's EBIT is CA$1.1M making its interest coverage ratio 1.1. It has cash and short-term investments of CA$562.1K.
Key information
115.6%
Debt to equity ratio
CA$14.62m
Debt
| Interest coverage ratio | 1.1x |
| Cash | CA$562.12k |
| Equity | CA$12.65m |
| Total liabilities | CA$18.38m |
| Total assets | CA$31.03m |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Solution Financial Inc.'s (TSE:SFI) Low P/S
Dec 23
Solution Financial Inc.'s (TSE:SFI) Business Is Yet to Catch Up With Its Share Price
Oct 14If You Like EPS Growth Then Check Out Solution Financial (CVE:SFI) Before It's Too Late
Sep 05I Ran A Stock Scan For Earnings Growth And Solution Financial (CVE:SFI) Passed With Ease
Apr 07If You Like EPS Growth Then Check Out Solution Financial (CVE:SFI) Before It's Too Late
Jan 05
Financial Position Analysis
Short Term Liabilities: SFI's short term assets (CA$12.8M) exceed its short term liabilities (CA$9.9M).
Long Term Liabilities: SFI's short term assets (CA$12.8M) exceed its long term liabilities (CA$8.5M).
Debt to Equity History and Analysis
Debt Level: SFI's net debt to equity ratio (111.1%) is considered high.
Reducing Debt: SFI's debt to equity ratio has increased from 73.1% to 115.6% over the past 5 years.
Debt Coverage: SFI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SFI's interest payments on its debt are not well covered by EBIT (1.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 02:51 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/07/31 |
| Annual Earnings | 2023/10/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Solution Financial Inc. is covered by 0 analysts. 0 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 |
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