Urbanfund Balance Sheet Health
Financial Health criteria checks 1/6
Urbanfund has a total shareholder equity of CA$77.7M and total debt of CA$65.1M, which brings its debt-to-equity ratio to 83.8%. Its total assets and total liabilities are CA$155.4M and CA$77.7M respectively. Urbanfund's EBIT is CA$4.6M making its interest coverage ratio 2.3. It has cash and short-term investments of CA$3.6M.
Key information
83.8%
Debt to equity ratio
CA$65.10m
Debt
| Interest coverage ratio | 2.3x |
| Cash | CA$3.57m |
| Equity | CA$77.72m |
| Total liabilities | CA$77.69m |
| Total assets | CA$155.41m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: UFC's short term assets (CA$20.6M) exceed its short term liabilities (CA$1.5M).
Long Term Liabilities: UFC's short term assets (CA$20.6M) do not cover its long term liabilities (CA$76.2M).
Debt to Equity History and Analysis
Debt Level: UFC's net debt to equity ratio (79.2%) is considered high.
Reducing Debt: UFC's debt to equity ratio has increased from 62.9% to 83.8% over the past 5 years.
Debt Coverage: UFC's debt is not well covered by operating cash flow (3.8%).
Interest Coverage: UFC's interest payments on its debt are not well covered by EBIT (2.3x coverage).