Automotive Finco Balance Sheet Health
Financial Health criteria checks 6/6
Automotive Finco has a total shareholder equity of CA$24.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$24.2M and CA$16.5K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$237.94k |
Equity | CA$24.22m |
Total liabilities | CA$16.51k |
Total assets | CA$24.23m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AFCC.H's short term assets (CA$24.2M) exceed its short term liabilities (CA$16.5K).
Long Term Liabilities: AFCC.H has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AFCC.H is debt free.
Reducing Debt: AFCC.H has no debt compared to 5 years ago when its debt to equity ratio was 52.2%.
Debt Coverage: AFCC.H has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AFCC.H has no debt, therefore coverage of interest payments is not a concern.