Stantec Balance Sheet Health
Financial Health criteria checks 6/6
Stantec has a total shareholder equity of CA$2.8B and total debt of CA$1.1B, which brings its debt-to-equity ratio to 41.4%. Its total assets and total liabilities are CA$6.1B and CA$3.3B respectively. Stantec's EBIT is CA$554.9M making its interest coverage ratio 6.1. It has cash and short-term investments of CA$352.9M.
Key information
41.4%
Debt to equity ratio
CA$1.14b
Debt
Interest coverage ratio | 6.1x |
Cash | CA$352.90m |
Equity | CA$2.76b |
Total liabilities | CA$3.32b |
Total assets | CA$6.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S3A's short term assets (CA$2.3B) exceed its short term liabilities (CA$1.6B).
Long Term Liabilities: S3A's short term assets (CA$2.3B) exceed its long term liabilities (CA$1.7B).
Debt to Equity History and Analysis
Debt Level: S3A's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: S3A's debt to equity ratio has reduced from 47.9% to 41.4% over the past 5 years.
Debt Coverage: S3A's debt is well covered by operating cash flow (47.7%).
Interest Coverage: S3A's interest payments on its debt are well covered by EBIT (6.1x coverage).