Extendicare Balance Sheet Health
Financial Health criteria checks 2/6
Extendicare has a total shareholder equity of CA$87.9M and total debt of CA$282.1M, which brings its debt-to-equity ratio to 320.8%. Its total assets and total liabilities are CA$672.7M and CA$584.8M respectively. Extendicare's EBIT is CA$79.6M making its interest coverage ratio 5.5. It has cash and short-term investments of CA$75.2M.
Key information
320.8%
Debt to equity ratio
CA$282.07m
Debt
Interest coverage ratio | 5.5x |
Cash | CA$75.18m |
Equity | CA$87.92m |
Total liabilities | CA$584.81m |
Total assets | CA$672.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5XE's short term assets (CA$187.1M) do not cover its short term liabilities (CA$226.4M).
Long Term Liabilities: 5XE's short term assets (CA$187.1M) do not cover its long term liabilities (CA$358.4M).
Debt to Equity History and Analysis
Debt Level: 5XE's net debt to equity ratio (235.3%) is considered high.
Reducing Debt: 5XE's debt to equity ratio has reduced from 356% to 320.8% over the past 5 years.
Debt Coverage: 5XE's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: 5XE's interest payments on its debt are well covered by EBIT (5.5x coverage).