Maxim Power Balance Sheet Health
Financial Health criteria checks 3/6
Maxim Power has a total shareholder equity of CA$297.7M and total debt of CA$81.2M, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are CA$425.8M and CA$128.1M respectively.
Key information
27.3%
Debt to equity ratio
CA$81.20m
Debt
Interest coverage ratio | n/a |
Cash | CA$32.26m |
Equity | CA$297.75m |
Total liabilities | CA$128.10m |
Total assets | CA$425.84m |
Recent financial health updates
Maxim Power (TSE:MXG) Takes On Some Risk With Its Use Of Debt
Oct 04We Think Maxim Power (TSE:MXG) Has A Fair Chunk Of Debt
Sep 16Does Maxim Power (TSE:MXG) Have A Healthy Balance Sheet?
Nov 13Is Maxim Power (TSE:MXG) Using Too Much Debt?
Jul 01Would Maxim Power (TSE:MXG) Be Better Off With Less Debt?
Mar 10Recent updates
Maxim Power's (TSE:MXG) Earnings Quality Is Low
Mar 22Maxim Power (TSE:MXG) Takes On Some Risk With Its Use Of Debt
Oct 04Maxim Power's (TSE:MXG) Returns On Capital Are Heading Higher
Jun 03We Think Maxim Power (TSE:MXG) Has A Fair Chunk Of Debt
Sep 16Cautious Investors Not Rewarding Maxim Power Corp.'s (TSE:MXG) Performance Completely
Aug 05Maxim Power (TSE:MXG) Shareholders Will Want The ROCE Trajectory To Continue
Jul 07Does Maxim Power (TSE:MXG) Have A Healthy Balance Sheet?
Nov 13Is Maxim Power (TSE:MXG) Using Too Much Debt?
Jul 01Would Maxim Power (TSE:MXG) Be Better Off With Less Debt?
Mar 10Are Insiders Buying Maxim Power Corp. (TSE:MXG) Stock?
Jan 01Financial Position Analysis
Short Term Liabilities: MXG's short term assets (CA$92.3M) exceed its short term liabilities (CA$26.5M).
Long Term Liabilities: MXG's short term assets (CA$92.3M) do not cover its long term liabilities (CA$101.6M).
Debt to Equity History and Analysis
Debt Level: MXG's net debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: MXG's debt to equity ratio has increased from 0% to 27.3% over the past 5 years.
Debt Coverage: MXG's debt is well covered by operating cash flow (29.4%).
Interest Coverage: Insufficient data to determine if MXG's interest payments on its debt are well covered by EBIT.