Acadian Timber Balance Sheet Health
Financial Health criteria checks 4/6
Acadian Timber has a total shareholder equity of CA$319.0M and total debt of CA$105.5M, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are CA$568.0M and CA$249.0M respectively. Acadian Timber's EBIT is CA$19.6M making its interest coverage ratio 6.2. It has cash and short-term investments of CA$1.8M.
Key information
33.1%
Debt to equity ratio
CA$105.52m
Debt
Interest coverage ratio | 6.2x |
Cash | CA$1.83m |
Equity | CA$318.98m |
Total liabilities | CA$248.97m |
Total assets | CA$567.95m |
Recent financial health updates
Recent updates
Acadian Timber (TSE:ADN) Will Pay A Dividend Of CA$0.29
Mar 18Why Acadian Timber's (TSE:ADN) Shaky Earnings Are Just The Beginning Of Its Problems
Feb 14Acadian Timber (TSE:ADN) Has Announced A Dividend Of CA$0.29
Dec 13Acadian Timber's (TSE:ADN) Dividend Will Be CA$0.29
Nov 06Acadian Timber (TSE:ADN) Has Affirmed Its Dividend Of CA$0.29
Aug 29Acadian Timber (TSE:ADN) Is Due To Pay A Dividend Of CA$0.29
Jun 15Acadian Timber (TSE:ADN) Is Paying Out A Dividend Of CA$0.29
Nov 10Acadian Timber (TSE:ADN) Will Pay A Dividend Of CA$0.29
Sep 16Calculating The Fair Value Of Acadian Timber Corp. (TSE:ADN)
Jun 18Acadian Timber (TSE:ADN) Is Due To Pay A Dividend Of CA$0.29
May 10Acadian Timber (TSE:ADN) Is Due To Pay A Dividend Of CA$0.29
Feb 15Acadian Timber (TSE:ADN) Has Announced A Dividend Of CA$0.29
Aug 03The Returns On Capital At Acadian Timber (TSE:ADN) Don't Inspire Confidence
Jun 10At CA$18.29, Is It Time To Put Acadian Timber Corp. (TSE:ADN) On Your Watch List?
May 26Is Acadian Timber Corp. (TSE:ADN) A Smart Choice For Dividend Investors?
Mar 23Acadian Timber (TSE:ADN) Takes On Some Risk With Its Use Of Debt
Mar 10Here's What's Concerning About Acadian Timber (TSE:ADN)
Feb 26What Type Of Shareholders Own The Most Number of Acadian Timber Corp. (TSE:ADN) Shares?
Feb 12At CA$16.41, Is It Time To Put Acadian Timber Corp. (TSE:ADN) On Your Watch List?
Jan 31Acadian Timber Corp.'s (TSE:ADN) Financial Prospects Don't Look Very Positive: Could It Mean A Stock Price Drop In The Future?
Jan 18Acadian Timber's (TSE:ADN) Shareholders Are Down 15% On Their Shares
Jan 06We Wouldn't Be Too Quick To Buy Acadian Timber Corp. (TSE:ADN) Before It Goes Ex-Dividend
Dec 25Do Investors Have Good Reason To Be Wary Of Acadian Timber Corp.'s (TSE:ADN) 7.2% Dividend Yield?
Dec 22Should You Rely On Acadian Timber's (TSE:ADN) Earnings Growth?
Dec 11A Look At The Fair Value Of Acadian Timber Corp. (TSE:ADN)
Nov 20Financial Position Analysis
Short Term Liabilities: ADN's short term assets (CA$28.1M) exceed its short term liabilities (CA$14.4M).
Long Term Liabilities: ADN's short term assets (CA$28.1M) do not cover its long term liabilities (CA$234.6M).
Debt to Equity History and Analysis
Debt Level: ADN's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: ADN's debt to equity ratio has reduced from 33.3% to 33.1% over the past 5 years.
Debt Coverage: ADN's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: ADN's interest payments on its debt are well covered by EBIT (6.2x coverage).