Groupe Dynamite Balance Sheet Health
Financial Health criteria checks 2/6
Groupe Dynamite has a total shareholder equity of CA$66.5M and total debt of CA$142.8M, which brings its debt-to-equity ratio to 214.9%. Its total assets and total liabilities are CA$644.5M and CA$578.0M respectively. Groupe Dynamite's EBIT is CA$200.2M making its interest coverage ratio 8.1. It has cash and short-term investments of CA$29.2M.
Key information
214.9%
Debt to equity ratio
CA$142.78m
Debt
| Interest coverage ratio | 8.1x |
| Cash | CA$29.17m |
| Equity | CA$66.45m |
| Total liabilities | CA$578.00m |
| Total assets | CA$644.45m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: GRGD's short term assets (CA$126.8M) do not cover its short term liabilities (CA$148.7M).
Long Term Liabilities: GRGD's short term assets (CA$126.8M) do not cover its long term liabilities (CA$429.3M).
Debt to Equity History and Analysis
Debt Level: GRGD's net debt to equity ratio (171%) is considered high.
Reducing Debt: Insufficient data to determine if GRGD's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GRGD's debt is well covered by operating cash flow (155.7%).
Interest Coverage: GRGD's interest payments on its debt are well covered by EBIT (8.1x coverage).