Payfare Balance Sheet Health
Financial Health criteria checks 6/6
Payfare has a total shareholder equity of CA$82.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$363.6M and CA$281.0M respectively. Payfare's EBIT is CA$16.3M making its interest coverage ratio -6.2. It has cash and short-term investments of CA$81.8M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -6.2x |
| Cash | CA$81.80m |
| Equity | CA$82.60m |
| Total liabilities | CA$280.97m |
| Total assets | CA$363.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S2R's short term assets (CA$343.2M) exceed its short term liabilities (CA$280.9M).
Long Term Liabilities: S2R's short term assets (CA$343.2M) exceed its long term liabilities (CA$38.4K).
Debt to Equity History and Analysis
Debt Level: S2R is debt free.
Reducing Debt: S2R currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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.