Wajax Balance Sheet Health
Financial Health criteria checks 3/6
Wajax has a total shareholder equity of CA$515.9M and total debt of CA$390.1M, which brings its debt-to-equity ratio to 75.6%. Its total assets and total liabilities are CA$1.6B and CA$1.0B respectively. Wajax's EBIT is CA$112.2M making its interest coverage ratio 2.7. It has cash and short-term investments of CA$2.8M.
Key information
75.6%
Debt to equity ratio
CA$390.08m
Debt
| Interest coverage ratio | 2.7x |
| Cash | CA$2.80m |
| Equity | CA$515.91m |
| Total liabilities | CA$1.04b |
| Total assets | CA$1.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5WJ's short term assets (CA$1.1B) exceed its short term liabilities (CA$521.4M).
Long Term Liabilities: 5WJ's short term assets (CA$1.1B) exceed its long term liabilities (CA$519.4M).
Debt to Equity History and Analysis
Debt Level: 5WJ's net debt to equity ratio (75.1%) is considered high.
Reducing Debt: 5WJ's debt to equity ratio has reduced from 93.3% to 75.6% over the past 5 years.
Debt Coverage: 5WJ's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 5WJ's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 13:27 |
| End of Day Share Price | 2024/12/20 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
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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
Wajax Corporation is covered by 12 analysts. 4 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 |
|---|---|
| Devin Dodge | BMO Capital Markets Equity Research |
| Peter Prattas | Cantor Fitzgerald Canada Corporation |
| Pierre-Yves Terrisse | Desjardins Securities Inc. |