Bird Construction Balance Sheet Health
Financial Health criteria checks 6/6
Bird Construction has a total shareholder equity of CA$322.5M and total debt of CA$72.9M, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are CA$1.4B and CA$1.1B respectively. Bird Construction's EBIT is CA$86.9M making its interest coverage ratio 12.8. It has cash and short-term investments of CA$177.6M.
Key information
22.6%
Debt to equity ratio
CA$72.93m
Debt
Interest coverage ratio | 12.8x |
Cash | CA$177.58m |
Equity | CA$322.49m |
Total liabilities | CA$1.10b |
Total assets | CA$1.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6LT's short term assets (CA$1.1B) exceed its short term liabilities (CA$914.5M).
Long Term Liabilities: 6LT's short term assets (CA$1.1B) exceed its long term liabilities (CA$187.4M).
Debt to Equity History and Analysis
Debt Level: 6LT has more cash than its total debt.
Reducing Debt: 6LT's debt to equity ratio has reduced from 24.3% to 22.6% over the past 5 years.
Debt Coverage: 6LT's debt is well covered by operating cash flow (103.9%).
Interest Coverage: 6LT's interest payments on its debt are well covered by EBIT (12.8x coverage).