Doman Building Materials Group Balance Sheet Health
Financial Health criteria checks 2/6
Doman Building Materials Group has a total shareholder equity of CA$611.9M and total debt of CA$663.1M, which brings its debt-to-equity ratio to 108.4%. Its total assets and total liabilities are CA$1.6B and CA$995.5M respectively. Doman Building Materials Group's EBIT is CA$112.8M making its interest coverage ratio 2.6. It has cash and short-term investments of CA$2.4M.
Key information
108.4%
Debt to equity ratio
CA$663.13m
Debt
| Interest coverage ratio | 2.6x |
| Cash | CA$2.39m |
| Equity | CA$611.95m |
| Total liabilities | CA$995.53m |
| Total assets | CA$1.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2CW's short term assets (CA$717.9M) exceed its short term liabilities (CA$189.8M).
Long Term Liabilities: 2CW's short term assets (CA$717.9M) do not cover its long term liabilities (CA$805.8M).
Debt to Equity History and Analysis
Debt Level: 2CW's net debt to equity ratio (108%) is considered high.
Reducing Debt: 2CW's debt to equity ratio has reduced from 121.3% to 108.4% over the past 5 years.
Debt Coverage: 2CW's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: 2CW's interest payments on its debt are not well covered by EBIT (2.6x coverage).