Firm Capital Mortgage Investment Balance Sheet Health
Financial Health criteria checks 4/6
Firm Capital Mortgage Investment has a total shareholder equity of CA$399.7M and total debt of CA$188.6M, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are CA$593.3M and CA$193.6M respectively.
Key information
47.2%
Debt to equity ratio
CA$188.56m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$6.60m |
| Equity | CA$399.72m |
| Total liabilities | CA$193.61m |
| Total assets | CA$593.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 74X's short term assets (CA$593.3M) exceed its short term liabilities (CA$61.4M).
Long Term Liabilities: 74X's short term assets (CA$593.3M) exceed its long term liabilities (CA$132.2M).
Debt to Equity History and Analysis
Debt Level: 74X's net debt to equity ratio (45.5%) is considered high.
Reducing Debt: 74X's debt to equity ratio has reduced from 76% to 47.2% over the past 5 years.
Debt Coverage: 74X's debt is well covered by operating cash flow (32.7%).
Interest Coverage: Insufficient data to determine if 74X's interest payments on its debt are well covered by EBIT.