ADF Group Balance Sheet Health
Financial Health criteria checks 6/6
ADF Group has a total shareholder equity of CA$179.0M and total debt of CA$44.6M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are CA$334.0M and CA$155.0M respectively. ADF Group's EBIT is CA$63.2M making its interest coverage ratio 19.9. It has cash and short-term investments of CA$48.4M.
Key information
24.9%
Debt to equity ratio
CA$44.58m
Debt
Interest coverage ratio | 19.9x |
Cash | CA$48.36m |
Equity | CA$179.01m |
Total liabilities | CA$154.97m |
Total assets | CA$333.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4QM's short term assets (CA$220.5M) exceed its short term liabilities (CA$93.0M).
Long Term Liabilities: 4QM's short term assets (CA$220.5M) exceed its long term liabilities (CA$61.9M).
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 32.2% to 24.9% over the past 5 years.
Debt Coverage: 4QM's debt is well covered by operating cash flow (32.1%).
Interest Coverage: 4QM's interest payments on its debt are well covered by EBIT (19.9x coverage).