Exchange Income Balance Sheet Health
Financial Health criteria checks 2/6
Exchange Income has a total shareholder equity of CA$1.3B and total debt of CA$2.0B, which brings its debt-to-equity ratio to 160.5%. Its total assets and total liabilities are CA$4.3B and CA$3.0B respectively. Exchange Income's EBIT is CA$305.4M making its interest coverage ratio 2.3. It has cash and short-term investments of CA$58.6M.
Key information
160.5%
Debt to equity ratio
CA$2.04b
Debt
| Interest coverage ratio | 2.3x |
| Cash | CA$58.59m |
| Equity | CA$1.27b |
| Total liabilities | CA$3.04b |
| Total assets | CA$4.31b |
Recent financial health updates
We Think Exchange Income (TSE:EIF) Is Taking Some Risk With Its Debt
May 22
Is Exchange Income (TSE:EIF) A Risky Investment?
Nov 08Is Exchange Income (TSE:EIF) Using Too Much Debt?
Mar 14Recent updates
Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.22
Dec 21Exchange Income's (TSE:EIF) Returns Have Hit A Wall
Dec 11Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.22
Nov 19Earnings Beat: Exchange Income Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Nov 09Slowing Rates Of Return At Exchange Income (TSE:EIF) Leave Little Room For Excitement
Jun 15We Think Exchange Income (TSE:EIF) Is Taking Some Risk With Its Debt
May 22Is Exchange Income Corporation (TSE:EIF) Trading At A 34% Discount?
Apr 13Returns At Exchange Income (TSE:EIF) Appear To Be Weighed Down
Feb 24What Is Exchange Income Corporation's (TSE:EIF) Share Price Doing?
Jan 09Are Investors Undervaluing Exchange Income Corporation (TSE:EIF) By 27%?
Dec 08Is Exchange Income (TSE:EIF) A Risky Investment?
Nov 08Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.21
Oct 20Returns On Capital At Exchange Income (TSE:EIF) Have Stalled
Oct 11Exchange Income (TSE:EIF) Is Paying Out A Dividend Of CA$0.21
Sep 21Here's Why We Think Exchange Income (TSE:EIF) Might Deserve Your Attention Today
Sep 11Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.21
Aug 20With EPS Growth And More, Exchange Income (TSE:EIF) Makes An Interesting Case
Jun 10Exchange Income (TSE:EIF) Has Affirmed Its Dividend Of CA$0.21
May 21Return Trends At Exchange Income (TSE:EIF) Aren't Appealing
May 11Is Exchange Income Corporation (TSE:EIF) Trading At A 33% Discount?
Apr 02Is Exchange Income (TSE:EIF) Using Too Much Debt?
Mar 14Return Trends At Exchange Income (TSE:EIF) Aren't Appealing
Jan 25Financial Position Analysis
Short Term Liabilities: EIF's short term assets (CA$1.2B) exceed its short term liabilities (CA$707.5M).
Long Term Liabilities: EIF's short term assets (CA$1.2B) do not cover its long term liabilities (CA$2.3B).
Debt to Equity History and Analysis
Debt Level: EIF's net debt to equity ratio (155.9%) is considered high.
Reducing Debt: EIF's debt to equity ratio has reduced from 167.4% to 160.5% over the past 5 years.
Debt Coverage: EIF's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: EIF's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 18:27 |
| End of Day Share Price | 2024/12/30 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Exchange Income Corporation is covered by 16 analysts. 10 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 |
|---|---|
| Christopher Murray | ATB Capital Markets |
| Matthew Lee | Canaccord Genuity |
| Krista Friesen | CIBC Capital Markets |