Maple Leaf Foods Balance Sheet Health
Financial Health criteria checks 2/6
Maple Leaf Foods has a total shareholder equity of CA$1.5B and total debt of CA$1.8B, which brings its debt-to-equity ratio to 117.8%. Its total assets and total liabilities are CA$4.5B and CA$2.9B respectively. Maple Leaf Foods's EBIT is CA$230.9M making its interest coverage ratio 1.4. It has cash and short-term investments of CA$181.8M.
Key information
117.8%
Debt to equity ratio
CA$1.78b
Debt
| Interest coverage ratio | 1.4x |
| Cash | CA$181.79m |
| Equity | CA$1.51b |
| Total liabilities | CA$2.94b |
| Total assets | CA$4.45b |
Recent financial health updates
Is Maple Leaf Foods (TSE:MFI) Using Too Much Debt?
Nov 12
These 4 Measures Indicate That Maple Leaf Foods (TSE:MFI) Is Using Debt Extensively
Apr 13Is 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 22Recent updates
Is Maple Leaf Foods (TSE:MFI) Using Too Much Debt?
Nov 12Maple Leaf Foods (TSE:MFI) Has Some Way To Go To Become A Multi-Bagger
Oct 25These 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 01Financial Position Analysis
Short Term Liabilities: MFI's short term assets (CA$1.2B) exceed its short term liabilities (CA$936.3M).
Long Term Liabilities: MFI's short term assets (CA$1.2B) do not cover its long term liabilities (CA$2.0B).
Debt to Equity History and Analysis
Debt Level: MFI's net debt to equity ratio (105.8%) is considered high.
Reducing Debt: MFI's debt to equity ratio has increased from 24.3% to 117.8% over the past 5 years.
Debt Coverage: MFI's debt is well covered by operating cash flow (22%).
Interest Coverage: MFI's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 14:36 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Maple Leaf Foods Inc. is covered by 16 analysts. 4 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 |
|---|---|
| Donald McLee | Berenberg |
| Kenneth Zaslow | BMO Capital Markets Equity Research |
| Peter Sklar | BMO Capital Markets Equity Research |