Enerflex Balance Sheet Health
Financial Health criteria checks 3/6
Enerflex has a total shareholder equity of CA$1.4B and total debt of CA$1.2B, which brings its debt-to-equity ratio to 87.2%. Its total assets and total liabilities are CA$3.9B and CA$2.5B respectively. Enerflex's EBIT is CA$221.3M making its interest coverage ratio 1.8. It has cash and short-term investments of CA$140.5M.
Key information
87.2%
Debt to equity ratio
CA$1.21b
Debt
Interest coverage ratio | 1.8x |
Cash | CA$140.51m |
Equity | CA$1.39b |
Total liabilities | CA$2.52b |
Total assets | CA$3.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7EX's short term assets (CA$1.4B) exceed its short term liabilities (CA$1.1B).
Long Term Liabilities: 7EX's short term assets (CA$1.4B) exceed its long term liabilities (CA$1.4B).
Debt to Equity History and Analysis
Debt Level: 7EX's net debt to equity ratio (77.1%) is considered high.
Reducing Debt: 7EX's debt to equity ratio has increased from 34.7% to 87.2% over the past 5 years.
Debt Coverage: 7EX's debt is well covered by operating cash flow (22.5%).
Interest Coverage: 7EX's interest payments on its debt are not well covered by EBIT (1.8x coverage).