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 157.1%. Its total assets and total liabilities are CA$4.2B and CA$2.9B respectively. Exchange Income's EBIT is CA$290.5M making its interest coverage ratio 2.3. It has cash and short-term investments of CA$48.8M.
Key information
157.1%
Debt to equity ratio
CA$1.97b
Debt
| Interest coverage ratio | 2.3x |
| Cash | CA$48.83m |
| Equity | CA$1.26b |
| Total liabilities | CA$2.93b |
| Total assets | CA$4.18b |
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
Slowing 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 25Is Now The Time To Put Exchange Income (TSE:EIF) On Your Watchlist?
Nov 12Financial Position Analysis
Short Term Liabilities: EIF's short term assets (CA$1.2B) exceed its short term liabilities (CA$668.8M).
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 (153.2%) is considered high.
Reducing Debt: EIF's debt to equity ratio has reduced from 166.5% to 157.1% over the past 5 years.
Debt Coverage: EIF's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: EIF's interest payments on its debt are not well covered by EBIT (2.3x coverage).