Flow Capital Balance Sheet Health
Financial Health criteria checks 3/6
Flow Capital has a total shareholder equity of CA$38.5M and total debt of CA$24.8M, which brings its debt-to-equity ratio to 64.4%. Its total assets and total liabilities are CA$65.4M and CA$27.0M respectively. Flow Capital's EBIT is CA$3.0M making its interest coverage ratio 1.3. It has cash and short-term investments of CA$20.1M.
Key information
64.4%
Debt to equity ratio
CA$24.77m
Debt
Interest coverage ratio | 1.3x |
Cash | CA$20.11m |
Equity | CA$38.46m |
Total liabilities | CA$26.98m |
Total assets | CA$65.44m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FW's short term assets (CA$23.0M) exceed its short term liabilities (CA$2.2M).
Long Term Liabilities: FW's short term assets (CA$23.0M) do not cover its long term liabilities (CA$24.8M).
Debt to Equity History and Analysis
Debt Level: FW's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: FW's debt to equity ratio has reduced from 65.9% to 64.4% over the past 5 years.
Debt Coverage: FW's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: FW's interest payments on its debt are not well covered by EBIT (1.3x coverage).