Haivision Systems Balance Sheet Health
Financial Health criteria checks 6/6
Haivision Systems has a total shareholder equity of CA$91.7M and total debt of CA$6.4M, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are CA$135.4M and CA$43.7M respectively. Haivision Systems's EBIT is CA$6.1M making its interest coverage ratio 4.2. It has cash and short-term investments of CA$13.0M.
Key information
7.0%
Debt to equity ratio
CA$6.41m
Debt
Interest coverage ratio | 4.2x |
Cash | CA$13.04m |
Equity | CA$91.70m |
Total liabilities | CA$43.73m |
Total assets | CA$135.43m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HAI's short term assets (CA$54.7M) exceed its short term liabilities (CA$32.5M).
Long Term Liabilities: HAI's short term assets (CA$54.7M) exceed its long term liabilities (CA$11.2M).
Debt to Equity History and Analysis
Debt Level: HAI has more cash than its total debt.
Reducing Debt: HAI's debt to equity ratio has reduced from 9.5% to 7% over the past 5 years.
Debt Coverage: HAI's debt is well covered by operating cash flow (280.8%).
Interest Coverage: HAI's interest payments on its debt are well covered by EBIT (4.2x coverage).