Supremex Balance Sheet Health
Financial Health criteria checks 4/6
Supremex has a total shareholder equity of CA$134.7M and total debt of CA$56.5M, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are CA$263.8M and CA$129.0M respectively. Supremex's EBIT is CA$30.2M making its interest coverage ratio 4.8. It has cash and short-term investments of CA$1.1M.
Key information
41.9%
Debt to equity ratio
CA$56.51m
Debt
Interest coverage ratio | 4.8x |
Cash | CA$1.07m |
Equity | CA$134.72m |
Total liabilities | CA$129.04m |
Total assets | CA$263.76m |
Recent financial health updates
Does Supremex (TSE:SXP) Have A Healthy Balance Sheet?
Sep 17Supremex (TSE:SXP) Has A Pretty Healthy Balance Sheet
Jul 04Is Supremex (TSE:SXP) Using Too Much Debt?
Mar 23Recent updates
Why We Think The CEO Of Supremex Inc. (TSE:SXP) May Soon See A Pay Rise
May 03Supremex (TSE:SXP) Is Increasing Its Dividend To CA$0.04
Feb 27Why Supremex Inc. (TSE:SXP) Could Be Worth Watching
Feb 23Does Supremex (TSE:SXP) Have A Healthy Balance Sheet?
Sep 17Supremex (TSE:SXP) Has Announced A Dividend Of CA$0.035
Aug 30Supremex's (TSE:SXP) Dividend Will Be CA$0.035
Aug 15Here's Why Supremex (TSE:SXP) Has Caught The Eye Of Investors
Aug 11Should You Think About Buying Supremex Inc. (TSE:SXP) Now?
Jun 30Is It Too Late To Consider Buying Supremex Inc. (TSE:SXP)?
Feb 26Be Wary Of Supremex (TSE:SXP) And Its Returns On Capital
Feb 04Supremex (TSE:SXP) Has A Pretty Healthy Balance Sheet
Jul 04Supremex (TSE:SXP) Could Be Struggling To Allocate Capital
May 12Is There Now An Opportunity In Supremex Inc. (TSE:SXP)?
Apr 14Is Supremex (TSE:SXP) Using Too Much Debt?
Mar 23Financial Position Analysis
Short Term Liabilities: SXP's short term assets (CA$72.5M) exceed its short term liabilities (CA$31.8M).
Long Term Liabilities: SXP's short term assets (CA$72.5M) do not cover its long term liabilities (CA$97.3M).
Debt to Equity History and Analysis
Debt Level: SXP's net debt to equity ratio (41.2%) is considered high.
Reducing Debt: SXP's debt to equity ratio has reduced from 71.2% to 41.9% over the past 5 years.
Debt Coverage: SXP's debt is well covered by operating cash flow (77.7%).
Interest Coverage: SXP's interest payments on its debt are well covered by EBIT (4.8x coverage).