Rogers Sugar Balance Sheet Health
Financial Health criteria checks 2/6
Rogers Sugar has a total shareholder equity of CA$306.1M and total debt of CA$415.5M, which brings its debt-to-equity ratio to 135.7%. Its total assets and total liabilities are CA$934.7M and CA$628.6M respectively. Rogers Sugar's EBIT is CA$94.8M making its interest coverage ratio 3.7. It has cash and short-term investments of CA$9.8M.
Key information
135.7%
Debt to equity ratio
CA$415.48m
Debt
Interest coverage ratio | 3.7x |
Cash | CA$9.84m |
Equity | CA$306.12m |
Total liabilities | CA$628.61m |
Total assets | CA$934.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 16R's short term assets (CA$371.8M) exceed its short term liabilities (CA$204.7M).
Long Term Liabilities: 16R's short term assets (CA$371.8M) do not cover its long term liabilities (CA$423.9M).
Debt to Equity History and Analysis
Debt Level: 16R's net debt to equity ratio (132.5%) is considered high.
Reducing Debt: 16R's debt to equity ratio has increased from 95.6% to 135.7% over the past 5 years.
Debt Coverage: 16R's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: 16R's interest payments on its debt are well covered by EBIT (3.7x coverage).