ADF Group Balance Sheet Health
Financial Health criteria checks 6/6
ADF Group has a total shareholder equity of CA$162.7M and total debt of CA$43.1M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are CA$307.6M and CA$144.9M respectively. ADF Group's EBIT is CA$81.5M making its interest coverage ratio 30.2. It has cash and short-term investments of CA$65.5M.
Key information
26.5%
Debt to equity ratio
CA$43.12m
Debt
| Interest coverage ratio | 30.2x |
| Cash | CA$65.48m |
| Equity | CA$162.75m |
| Total liabilities | CA$144.90m |
| Total assets | CA$307.65m |
Recent financial health updates
We Think ADF Group (TSE:DRX) Can Stay On Top Of Its Debt
Dec 22
Does ADF Group (TSE:DRX) Have A Healthy Balance Sheet?
Jul 27ADF Group (TSE:DRX) Could Easily Take On More Debt
Feb 01Is ADF Group (TSE:DRX) Using Too Much Debt?
Sep 11Is ADF Group (TSE:DRX) Using Too Much Debt?
Mar 26Is ADF Group (TSE:DRX) A Risky Investment?
Dec 11Recent updates
Earnings Working Against ADF Group Inc.'s (TSE:DRX) Share Price
Oct 22Should You Be Adding ADF Group (TSE:DRX) To Your Watchlist Today?
Aug 08Optimistic Investors Push ADF Group Inc. (TSE:DRX) Shares Up 29% But Growth Is Lacking
May 31Returns On Capital Are A Standout For ADF Group (TSE:DRX)
May 25Solid Earnings Reflect ADF Group's (TSE:DRX) Strength As A Business
Apr 19ADF Group Inc. (TSE:DRX) Shares Fly 26% But Investors Aren't Buying For Growth
Apr 12With EPS Growth And More, ADF Group (TSE:DRX) Makes An Interesting Case
Mar 01Market Might Still Lack Some Conviction On ADF Group Inc. (TSE:DRX) Even After 27% Share Price Boost
Feb 17We Think ADF Group (TSE:DRX) Can Stay On Top Of Its Debt
Dec 22ADF Group (TSE:DRX) Shareholders Will Want The ROCE Trajectory To Continue
Sep 08Does ADF Group (TSE:DRX) Have A Healthy Balance Sheet?
Jul 27Returns At ADF Group (TSE:DRX) Are On The Way Up
May 31Is Now The Time To Put ADF Group (TSE:DRX) On Your Watchlist?
Apr 14If EPS Growth Is Important To You, ADF Group (TSE:DRX) Presents An Opportunity
Dec 05ADF Group (TSE:DRX) Has Affirmed Its Dividend Of CA$0.01
Sep 14Returns At ADF Group (TSE:DRX) Are On The Way Up
Sep 09ADF Group (TSE:DRX) Is Experiencing Growth In Returns On Capital
Jun 08ADF Group (TSE:DRX) Will Pay A Dividend Of CA$0.01
Apr 15Investors Aren't Buying ADF Group Inc.'s (TSE:DRX) Earnings
Mar 27ADF Group (TSE:DRX) Could Easily Take On More Debt
Feb 01Is ADF Group (TSE:DRX) Using Too Much Debt?
Sep 11ADF Group (TSE:DRX) Might Have The Makings Of A Multi-Bagger
Jun 16Is ADF Group (TSE:DRX) Using Too Much Debt?
Mar 26Is ADF Group Inc. (TSE:DRX) A Smart Pick For Income Investors?
Feb 19
Should You Use ADF Group's (TSE:DRX) Statutory Earnings To Analyse It?
Jan 15Is ADF Group (TSE:DRX) A Risky Investment?
Dec 11Financial Position Analysis
Short Term Liabilities: DRX's short term assets (CA$191.4M) exceed its short term liabilities (CA$86.1M).
Long Term Liabilities: DRX's short term assets (CA$191.4M) exceed its long term liabilities (CA$58.8M).
Debt to Equity History and Analysis
Debt Level: DRX has more cash than its total debt.
Reducing Debt: DRX's debt to equity ratio has reduced from 36.5% to 26.5% over the past 5 years.
Debt Coverage: DRX's debt is well covered by operating cash flow (198.1%).
Interest Coverage: DRX's interest payments on its debt are well covered by EBIT (30.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 04:02 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/01/31 |
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
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 .
Analyst Sources
ADF Group Inc. is covered by 9 analysts. 1 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 |
|---|---|
| Nicholas Cortellucci | Atrium Research |
| Yuri Lynk | Canaccord Genuity |
| Benoit Caron | National Bank Financial |