Grey Wolf Animal Health Balance Sheet Health
Financial Health criteria checks 5/6
Grey Wolf Animal Health has a total shareholder equity of CA$25.1M and total debt of CA$9.2M, which brings its debt-to-equity ratio to 36.6%. Its total assets and total liabilities are CA$39.6M and CA$14.5M respectively. Grey Wolf Animal Health's EBIT is CA$1.7M making its interest coverage ratio 3.7. It has cash and short-term investments of CA$7.8M.
Key information
36.6%
Debt to equity ratio
CA$9.18m
Debt
Interest coverage ratio | 3.7x |
Cash | CA$7.78m |
Equity | CA$25.09m |
Total liabilities | CA$14.54m |
Total assets | CA$39.63m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WOLF's short term assets (CA$14.4M) exceed its short term liabilities (CA$5.4M).
Long Term Liabilities: WOLF's short term assets (CA$14.4M) exceed its long term liabilities (CA$9.1M).
Debt to Equity History and Analysis
Debt Level: WOLF's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if WOLF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WOLF's debt is well covered by operating cash flow (26.5%).
Interest Coverage: WOLF's interest payments on its debt are well covered by EBIT (3.7x coverage).