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Macro Enterprises Balance Sheet Health
Financial Health criteria checks 5/6
Key information
18.7%
Debt to equity ratio
CA$22.43m
Debt
| Interest coverage ratio | 8.1x |
| Cash | CA$25.84m |
| Equity | CA$120.25m |
| Total liabilities | CA$115.41m |
| Total assets | CA$235.66m |
Recent financial health updates
Does Macro Enterprises (CVE:MCR) Have A Healthy Balance Sheet?
May 04
Does Macro Enterprises (CVE:MCR) Have A Healthy Balance Sheet?
Jan 13Recent updates
Are Investors Undervaluing Macro Enterprises Inc. (CVE:MCR) By 22%?
Jun 01Does Macro Enterprises (CVE:MCR) Have A Healthy Balance Sheet?
May 04The Returns At Macro Enterprises (CVE:MCR) Provide Us With Signs Of What's To Come
Mar 01We're Not Counting On Macro Enterprises (CVE:MCR) To Sustain Its Statutory Profitability
Feb 03
Does Macro Enterprises (CVE:MCR) Have A Healthy Balance Sheet?
Jan 13Macro Enterprises (CVE:MCR) Share Prices Have Dropped 32% In The Last Year
Dec 23News Flash: Analysts Just Made A Captivating Upgrade To Their Macro Enterprises Inc. (CVE:MCR) Forecasts
Dec 05A Look At Macro Enterprises' (CVE:MCR) CEO Remuneration
Nov 20Are Macro Enterprises's (CVE:MCR) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jul 31Will The ROCE Trend At Macro Enterprises (CVE:MCR) Continue?
Jul 16How Does Macro Enterprises' (CVE:MCR) CEO Pay Compare With Company Performance?
Jul 01Financial Position Analysis
Short Term Liabilities: MCR's short term assets (CA$132.2M) exceed its short term liabilities (CA$81.9M).
Long Term Liabilities: MCR's short term assets (CA$132.2M) exceed its long term liabilities (CA$33.5M).
Debt to Equity History and Analysis
Debt Level: MCR has more cash than its total debt.
Reducing Debt: MCR's debt to equity ratio has increased from 6.2% to 18.7% over the past 5 years.
Debt Coverage: MCR's debt is well covered by operating cash flow (138.3%).
Interest Coverage: MCR's interest payments on its debt are well covered by EBIT (8.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/20 21:19 |
| End of Day Share Price | 2022/04/22 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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 |
| |
| 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Macro Enterprises Inc. is covered by 4 analysts. 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 |
|---|---|
| Brian Pow | Acumen Capital Finance Partners Limited |
| Brent Watson | Cormark Securities Inc. |
| Jason Tucker | Paradigm Capital, Inc. |