Enerflex Balance Sheet Health
Financial Health criteria checks 3/6
Enerflex has a total shareholder equity of CA$1.4B and total debt of CA$1.2B, which brings its debt-to-equity ratio to 87.2%. Its total assets and total liabilities are CA$3.9B and CA$2.5B respectively. Enerflex's EBIT is CA$221.3M making its interest coverage ratio 1.8. It has cash and short-term investments of CA$140.5M.
Key information
87.2%
Debt to equity ratio
CA$1.21b
Debt
| Interest coverage ratio | 1.8x |
| Cash | CA$140.51m |
| Equity | CA$1.39b |
| Total liabilities | CA$2.52b |
| Total assets | CA$3.91b |
Recent financial health updates
Enerflex (TSE:EFX) Has A Somewhat Strained Balance Sheet
Mar 01
Here's Why Enerflex (TSE:EFX) Is Weighed Down By Its Debt Load
Jun 30Enerflex (TSE:EFX) Seems To Use Debt Quite Sensibly
Jan 10We Think Enerflex (TSE:EFX) Is Taking Some Risk With Its Debt
Sep 26Is Enerflex (TSE:EFX) A Risky Investment?
Jun 17Enerflex (TSE:EFX) Has A Somewhat Strained Balance Sheet
Oct 15Recent updates
Investors Still Aren't Entirely Convinced By Enerflex Ltd.'s (TSE:EFX) Revenues Despite 26% Price Jump
Mar 15Enerflex (TSE:EFX) Has A Somewhat Strained Balance Sheet
Mar 01Returns On Capital At Enerflex (TSE:EFX) Paint A Concerning Picture
Oct 03An Intrinsic Calculation For Enerflex Ltd. (TSE:EFX) Suggests It's 32% Undervalued
Jul 19Here's Why Enerflex (TSE:EFX) Is Weighed Down By Its Debt Load
Jun 30Enerflex (TSE:EFX) Has Announced A Dividend Of CA$0.025
May 11Be Wary Of Enerflex (TSE:EFX) And Its Returns On Capital
May 10Enerflex (TSE:EFX) Seems To Use Debt Quite Sensibly
Jan 10Enerflex (TSE:EFX) Has Announced A Dividend Of CA$0.025
Nov 17We Think Enerflex (TSE:EFX) Is Taking Some Risk With Its Debt
Sep 26Is Enerflex (TSE:EFX) A Risky Investment?
Jun 17Enerflex (TSE:EFX) Will Pay A Dividend Of CA$0.025
May 10Enerflex (TSE:EFX) Will Pay A Dividend Of CA$0.025
Mar 01Enerflex's (TSE:EFX) Returns Have Hit A Wall
Jan 13Enerflex (TSE:EFX) Has Affirmed Its Dividend Of CA$0.025
Nov 11Enerflex (TSE:EFX) Has A Somewhat Strained Balance Sheet
Oct 15These Return Metrics Don't Make Enerflex (TSE:EFX) Look Too Strong
Sep 17Enerflex (TSE:EFX) Is Due To Pay A Dividend Of CA$0.02
Aug 08Is Enerflex Ltd. (TSE:EFX) Trading At A 39% Discount?
Jul 20Is Enerflex (TSE:EFX) Using Too Much Debt?
Jun 19The Attractive Combination That Could Earn Enerflex Ltd. (TSE:EFX) A Place In Your Dividend Portfolio
Apr 13These Metrics Don't Make Enerflex (TSE:EFX) Look Too Strong
Mar 18Financial Position Analysis
Short Term Liabilities: EFX's short term assets (CA$1.4B) exceed its short term liabilities (CA$1.1B).
Long Term Liabilities: EFX's short term assets (CA$1.4B) exceed its long term liabilities (CA$1.4B).
Debt to Equity History and Analysis
Debt Level: EFX's net debt to equity ratio (77.1%) is considered high.
Reducing Debt: EFX's debt to equity ratio has increased from 34.7% to 87.2% over the past 5 years.
Debt Coverage: EFX's debt is well covered by operating cash flow (22.5%).
Interest Coverage: EFX's interest payments on its debt are not well covered by EBIT (1.8x coverage).