Firm Capital Mortgage Investment Balance Sheet Health
Financial Health criteria checks 4/6
Firm Capital Mortgage Investment has a total shareholder equity of CA$400.2M and total debt of CA$231.0M, which brings its debt-to-equity ratio to 57.7%. Its total assets and total liabilities are CA$637.2M and CA$237.0M respectively.
Key information
57.7%
Debt to equity ratio
CA$231.02m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$6.65m |
| Equity | CA$400.21m |
| Total liabilities | CA$237.00m |
| Total assets | CA$637.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 74X's short term assets (CA$637.2M) exceed its short term liabilities (CA$104.3M).
Long Term Liabilities: 74X's short term assets (CA$637.2M) exceed its long term liabilities (CA$132.7M).
Debt to Equity History and Analysis
Debt Level: 74X's net debt to equity ratio (56.1%) is considered high.
Reducing Debt: 74X's debt to equity ratio has reduced from 71.2% to 57.7% over the past 5 years.
Debt Coverage: 74X's debt is well covered by operating cash flow (26.6%).
Interest Coverage: Insufficient data to determine if 74X's interest payments on its debt are well covered by EBIT.