Exco Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Exco Technologies has a total shareholder equity of CA$372.5M and total debt of CA$115.7M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are CA$603.5M and CA$231.0M respectively. Exco Technologies's EBIT is CA$46.3M making its interest coverage ratio 5.5. It has cash and short-term investments of CA$16.0M.
Key information
31.1%
Debt to equity ratio
CA$115.74m
Debt
Interest coverage ratio | 5.5x |
Cash | CA$16.00m |
Equity | CA$372.53m |
Total liabilities | CA$230.95m |
Total assets | CA$603.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3XT's short term assets (CA$253.9M) exceed its short term liabilities (CA$97.1M).
Long Term Liabilities: 3XT's short term assets (CA$253.9M) exceed its long term liabilities (CA$133.8M).
Debt to Equity History and Analysis
Debt Level: 3XT's net debt to equity ratio (26.8%) is considered satisfactory.
Reducing Debt: 3XT's debt to equity ratio has increased from 8.1% to 31.1% over the past 5 years.
Debt Coverage: 3XT's debt is well covered by operating cash flow (52%).
Interest Coverage: 3XT's interest payments on its debt are well covered by EBIT (5.5x coverage).