AutoCanada Balance Sheet Health
Financial Health criteria checks 2/6
AutoCanada has a total shareholder equity of CA$524.1M and total debt of CA$1.7B, which brings its debt-to-equity ratio to 330.1%. Its total assets and total liabilities are CA$3.1B and CA$2.6B respectively. AutoCanada's EBIT is CA$132.7M making its interest coverage ratio 0.8. It has cash and short-term investments of CA$133.9M.
Key information
330.1%
Debt to equity ratio
CA$1.73b
Debt
| Interest coverage ratio | 0.8x |
| Cash | CA$133.88m |
| Equity | CA$524.11m |
| Total liabilities | CA$2.58b |
| Total assets | CA$3.11b |
Recent financial health updates
AutoCanada (TSE:ACQ) Seems To Be Using A Lot Of Debt
Nov 06
Is AutoCanada (TSE:ACQ) A Risky Investment?
Dec 20Recent updates
AutoCanada's (TSE:ACQ) Problems Go Beyond Weak Profit
May 09AutoCanada Inc.'s (TSE:ACQ) Intrinsic Value Is Potentially 35% Above Its Share Price
May 03AutoCanada Inc.'s (TSE:ACQ) Shares Leap 28% Yet They're Still Not Telling The Full Story
Mar 28AutoCanada Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 10AutoCanada (TSE:ACQ) Seems To Be Using A Lot Of Debt
Nov 06AutoCanada Inc. (TSE:ACQ) Shares Could Be 44% Below Their Intrinsic Value Estimate
May 08Is AutoCanada (TSE:ACQ) A Risky Investment?
Dec 20Do AutoCanada's (TSE:ACQ) Earnings Warrant Your Attention?
Aug 26Financial Position Analysis
Short Term Liabilities: ACQ's short term assets (CA$1.5B) exceed its short term liabilities (CA$1.5B).
Long Term Liabilities: ACQ's short term assets (CA$1.5B) exceed its long term liabilities (CA$1.1B).
Debt to Equity History and Analysis
Debt Level: ACQ's net debt to equity ratio (304.6%) is considered high.
Reducing Debt: ACQ's debt to equity ratio has increased from 258.5% to 330.1% over the past 5 years.
Debt Coverage: ACQ's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: ACQ's interest payments on its debt are not well covered by EBIT (0.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 22:41 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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
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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
AutoCanada Inc. is covered by 14 analysts. 8 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 |
|---|---|
| Trevor Reynolds | Acumen Capital Finance Partners Limited |
| Christopher Murray | ATB Capital Markets |
| Tamy Chen | BMO Capital Markets Equity Research |