Sleep Country Canada Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Sleep Country Canada Holdings has a total shareholder equity of CA$429.0M and total debt of CA$160.6M, which brings its debt-to-equity ratio to 37.4%. Its total assets and total liabilities are CA$1.1B and CA$683.5M respectively. Sleep Country Canada Holdings's EBIT is CA$120.8M making its interest coverage ratio 4.8. It has cash and short-term investments of CA$37.4M.
Key information
37.4%
Debt to equity ratio
CA$160.63m
Debt
| Interest coverage ratio | 4.8x |
| Cash | CA$37.37m |
| Equity | CA$428.95m |
| Total liabilities | CA$683.52m |
| Total assets | CA$1.11b |
Recent financial health updates
These 4 Measures Indicate That Sleep Country Canada Holdings (TSE:ZZZ) Is Using Debt Reasonably Well
May 06
Is Sleep Country Canada Holdings (TSE:ZZZ) A Risky Investment?
Oct 20Is Sleep Country Canada Holdings (TSE:ZZZ) Using Too Much Debt?
Mar 24Recent updates
Sleep Country Canada Holdings' (TSE:ZZZ) Dividend Will Be Increased To CA$0.237
Aug 15Sleep Country Canada Holdings (TSE:ZZZ) Might Be Having Difficulty Using Its Capital Effectively
Aug 12With EPS Growth And More, Sleep Country Canada Holdings (TSE:ZZZ) Makes An Interesting Case
Jun 07Sleep Country Canada Holdings (TSE:ZZZ) Is Increasing Its Dividend To CA$0.237
May 15Is Now The Time To Look At Buying Sleep Country Canada Holdings Inc. (TSE:ZZZ)?
May 10Why Sleep Country Canada Holdings Inc. (TSE:ZZZ) Could Be Worth Watching
Nov 04Sleep Country Canada Holdings (TSE:ZZZ) Looks To Prolong Its Impressive Returns
Oct 08Here's Why We Think Sleep Country Canada Holdings (TSE:ZZZ) Is Well Worth Watching
Sep 16With EPS Growth And More, Sleep Country Canada Holdings (TSE:ZZZ) Is Interesting
Jun 02Sleep Country Canada Holdings (TSE:ZZZ) Is Paying Out A Larger Dividend Than Last Year
May 10These 4 Measures Indicate That Sleep Country Canada Holdings (TSE:ZZZ) Is Using Debt Reasonably Well
May 06Should You Think About Buying Sleep Country Canada Holdings Inc. (TSE:ZZZ) Now?
Apr 06Sleep Country Canada Holdings Inc. (TSE:ZZZ) Shares Could Be 28% Below Their Intrinsic Value Estimate
Feb 23Is Now The Time To Put Sleep Country Canada Holdings (TSE:ZZZ) On Your Watchlist?
Feb 09Is Sleep Country Canada Holdings Inc. (TSE:ZZZ) Potentially Undervalued?
Dec 15Sleep Country Canada Holdings' (TSE:ZZZ) Dividend Will Be CA$0.20
Nov 16Estimating The Fair Value Of Sleep Country Canada Holdings Inc. (TSE:ZZZ)
Nov 08Is Sleep Country Canada Holdings (TSE:ZZZ) A Risky Investment?
Oct 20Here's Why I Think Sleep Country Canada Holdings (TSE:ZZZ) Might Deserve Your Attention Today
Sep 22Is Now The Time To Look At Buying Sleep Country Canada Holdings Inc. (TSE:ZZZ)?
Jul 19This Is Why We Think Sleep Country Canada Holdings Inc.'s (TSE:ZZZ) CEO Might Get A Pay Rise Approved By Shareholders
May 05Estimating The Fair Value Of Sleep Country Canada Holdings Inc. (TSE:ZZZ)
Apr 07Is Sleep Country Canada Holdings (TSE:ZZZ) Using Too Much Debt?
Mar 24Sleep Country Canada Holdings' (TSE:ZZZ) Robust Earnings Are Supported By Other Strong Factors
Mar 09Have Insiders Been Selling Sleep Country Canada Holdings Inc. (TSE:ZZZ) Shares This Year?
Mar 02Financial Position Analysis
Short Term Liabilities: ZZZ's short term assets (CA$173.2M) do not cover its short term liabilities (CA$202.4M).
Long Term Liabilities: ZZZ's short term assets (CA$173.2M) do not cover its long term liabilities (CA$481.1M).
Debt to Equity History and Analysis
Debt Level: ZZZ's net debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: ZZZ's debt to equity ratio has reduced from 56% to 37.4% over the past 5 years.
Debt Coverage: ZZZ's debt is well covered by operating cash flow (95.9%).
Interest Coverage: ZZZ's interest payments on its debt are well covered by EBIT (4.8x coverage).