ADF Group Balance Sheet Health
Financial Health criteria checks 6/6
ADF Group has a total shareholder equity of CA$146.1M and total debt of CA$43.8M, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are CA$286.6M and CA$140.6M respectively. ADF Group's EBIT is CA$75.3M making its interest coverage ratio 26.8. It has cash and short-term investments of CA$76.0M.
Key information
30.0%
Debt to equity ratio
CA$43.85m
Debt
| Interest coverage ratio | 26.8x |
| Cash | CA$76.04m |
| Equity | CA$146.08m |
| Total liabilities | CA$140.56m |
| Total assets | CA$286.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4QM's short term assets (CA$171.0M) exceed its short term liabilities (CA$80.9M).
Long Term Liabilities: 4QM's short term assets (CA$171.0M) exceed its long term liabilities (CA$59.7M).
Debt to Equity History and Analysis
Debt Level: 4QM has more cash than its total debt.
Reducing Debt: 4QM's debt to equity ratio has reduced from 31.5% to 30% over the past 5 years.
Debt Coverage: 4QM's debt is well covered by operating cash flow (199.7%).
Interest Coverage: 4QM's interest payments on its debt are well covered by EBIT (26.8x coverage).