Payfare Balance Sheet Health
Financial Health criteria checks 6/6
Payfare has a total shareholder equity of CA$87.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$368.4M and CA$281.0M respectively. Payfare's EBIT is CA$16.8M making its interest coverage ratio -8.5. It has cash and short-term investments of CA$87.6M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -8.5x |
| Cash | CA$87.63m |
| Equity | CA$87.33m |
| Total liabilities | CA$281.03m |
| Total assets | CA$368.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S2R's short term assets (CA$347.5M) exceed its short term liabilities (CA$281.0M).
Long Term Liabilities: S2R's short term assets (CA$347.5M) exceed its long term liabilities (CA$32.2K).
Debt to Equity History and Analysis
Debt Level: S2R is debt free.
Reducing Debt: S2R has no debt compared to 5 years ago when its debt to equity ratio was 961.9%.
Debt Coverage: S2R has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: S2R has no debt, therefore coverage of interest payments is not a concern.