North American Construction Group Balance Sheet Health
Financial Health criteria checks 2/6
North American Construction Group has a total shareholder equity of CA$365.9M and total debt of CA$682.1M, which brings its debt-to-equity ratio to 186.4%. Its total assets and total liabilities are CA$1.6B and CA$1.2B respectively. North American Construction Group's EBIT is CA$109.0M making its interest coverage ratio 2.4. It has cash and short-term investments of CA$80.1M.
Key information
186.4%
Debt to equity ratio
CA$682.13m
Debt
| Interest coverage ratio | 2.4x |
| Cash | CA$80.10m |
| Equity | CA$365.95m |
| Total liabilities | CA$1.21b |
| Total assets | CA$1.58b |
Recent financial health updates
We Think North American Construction Group (TSE:NOA) Can Stay On Top Of Its Debt
Jul 31
Here's Why North American Construction Group (TSE:NOA) Is Weighed Down By Its Debt Load
Jul 23Recent updates
Most Shareholders Will Probably Agree With North American Construction Group Ltd.'s (TSE:NOA) CEO Compensation
May 09North American Construction Group (TSE:NOA) Has Announced A Dividend Of CA$0.10
May 05North American Construction Group Ltd.'s (TSE:NOA) Shares Not Telling The Full Story
May 03North American Construction Group (TSE:NOA) Is Paying Out A Dividend Of CA$0.10
Feb 25We Think North American Construction Group (TSE:NOA) Can Stay On Top Of Its Debt
Jul 31North American Construction Group's (TSE:NOA) Upcoming Dividend Will Be Larger Than Last Year's
May 01North American Construction Group's (TSE:NOA) Upcoming Dividend Will Be Larger Than Last Year's
Feb 21North American Construction Group (TSE:NOA) Has Affirmed Its Dividend Of CA$0.04
Nov 03North American Construction Group (TSE:NOA) Is Due To Pay A Dividend Of CA$0.04
Aug 04Here's Why North American Construction Group (TSE:NOA) Is Weighed Down By Its Debt Load
Jul 23Financial Position Analysis
Short Term Liabilities: NOA's short term assets (CA$312.5M) exceed its short term liabilities (CA$300.2M).
Long Term Liabilities: NOA's short term assets (CA$312.5M) do not cover its long term liabilities (CA$914.1M).
Debt to Equity History and Analysis
Debt Level: NOA's net debt to equity ratio (164.5%) is considered high.
Reducing Debt: NOA's debt to equity ratio has increased from 185.9% to 186.4% over the past 5 years.
Debt Coverage: NOA's debt is well covered by operating cash flow (36.7%).
Interest Coverage: NOA's interest payments on its debt are not well covered by EBIT (2.4x coverage).