Maple Leaf Foods Balance Sheet Health
Financial Health criteria checks 1/6
Maple Leaf Foods has a total shareholder equity of CA$1.5B and total debt of CA$2.0B, which brings its debt-to-equity ratio to 128.8%. Its total assets and total liabilities are CA$4.6B and CA$3.1B respectively. Maple Leaf Foods's EBIT is CA$33.4M making its interest coverage ratio 0.2. It has cash and short-term investments of CA$203.4M.
Key information
128.8%
Debt to equity ratio
CA$1.95b
Debt
| Interest coverage ratio | 0.2x |
| Cash | CA$203.36m |
| Equity | CA$1.51b |
| Total liabilities | CA$3.09b |
| Total assets | CA$4.60b |
Recent financial health updates
These 4 Measures Indicate That Maple Leaf Foods (TSE:MFI) Is Using Debt Extensively
Apr 13
Is Maple Leaf Foods (TSE:MFI) A Risky Investment?
Nov 28Is Maple Leaf Foods (TSE:MFI) Using Too Much Debt?
Aug 04Is Maple Leaf Foods (TSE:MFI) Using Too Much Debt?
Nov 28Maple Leaf Foods (TSE:MFI) Seems To Be Using A Lot Of Debt
Jul 22Maple Leaf Foods (TSE:MFI) Takes On Some Risk With Its Use Of Debt
Mar 21Recent updates
These 4 Measures Indicate That Maple Leaf Foods (TSE:MFI) Is Using Debt Extensively
Apr 13Returns On Capital At Maple Leaf Foods (TSE:MFI) Paint A Concerning Picture
Feb 24Investors Appear Satisfied With Maple Leaf Foods Inc.'s (TSE:MFI) Prospects
Feb 06Maple Leaf Foods (TSE:MFI) Is Paying Out A Dividend Of CA$0.21
Dec 05Is Maple Leaf Foods (TSE:MFI) A Risky Investment?
Nov 28Maple Leaf Foods' (TSE:MFI) Dividend Will Be CA$0.21
Nov 06Maple Leaf Foods (TSE:MFI) Has Affirmed Its Dividend Of CA$0.21
Aug 28Maple Leaf Foods (TSE:MFI) Has Affirmed Its Dividend Of CA$0.21
Aug 08Is Maple Leaf Foods (TSE:MFI) Using Too Much Debt?
Aug 04Maple Leaf Foods (TSE:MFI) Has Affirmed Its Dividend Of CA$0.21
May 29Maple Leaf Foods (TSE:MFI) Will Pay A Dividend Of CA$0.21
May 15Is Maple Leaf Foods (TSE:MFI) Using Too Much Debt?
Nov 28Maple Leaf Foods (TSE:MFI) Will Be Hoping To Turn Its Returns On Capital Around
Aug 13Maple Leaf Foods (TSE:MFI) Seems To Be Using A Lot Of Debt
Jul 22Returns On Capital Signal Tricky Times Ahead For Maple Leaf Foods (TSE:MFI)
Apr 12Maple Leaf Foods (TSE:MFI) Takes On Some Risk With Its Use Of Debt
Mar 21Maple Leaf Foods' (TSE:MFI) Upcoming Dividend Will Be Larger Than Last Year's
Feb 27Does Maple Leaf Foods (TSE:MFI) Have A Healthy Balance Sheet?
Dec 16Some Investors May Be Worried About Maple Leaf Foods' (TSE:MFI) Returns On Capital
Dec 01Maple Leaf Foods (TSE:MFI) Seems To Use Debt Quite Sensibly
Sep 08There's Been No Shortage Of Growth Recently For Maple Leaf Foods' (TSE:MFI) Returns On Capital
May 20Increases to Maple Leaf Foods Inc.'s (TSE:MFI) CEO Compensation Might Cool off for now
Apr 29Should You Or Shouldn't You: A Dividend Analysis on Maple Leaf Foods Inc. (TSE:MFI)
Apr 14Here's Why Maple Leaf Foods (TSE:MFI) Can Manage Its Debt Responsibly
Apr 01Insider Buying: The Maple Leaf Foods Inc. (TSE:MFI) President of Pork Complex Just Bought 771% More Shares
Mar 19What Percentage Of Maple Leaf Foods Inc. (TSE:MFI) Shares Do Insiders Own?
Mar 08Maple Leaf Foods'(TSE:MFI) Share Price Is Down 26% Over The Past Three Years.
Feb 19Financial Position Analysis
Short Term Liabilities: MFI's short term assets (CA$1.2B) exceed its short term liabilities (CA$1.0B).
Long Term Liabilities: MFI's short term assets (CA$1.2B) do not cover its long term liabilities (CA$2.1B).
Debt to Equity History and Analysis
Debt Level: MFI's net debt to equity ratio (115.4%) is considered high.
Reducing Debt: MFI's debt to equity ratio has increased from 19.1% to 128.8% over the past 5 years.
Debt Coverage: MFI's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: MFI's interest payments on its debt are not well covered by EBIT (0.2x coverage).