Conifex Timber Balance Sheet Health
Financial Health criteria checks 2/6
Conifex Timber has a total shareholder equity of CA$97.4M and total debt of CA$73.6M, which brings its debt-to-equity ratio to 75.6%. Its total assets and total liabilities are CA$217.3M and CA$119.9M respectively.
Key information
75.6%
Debt to equity ratio
CA$73.63m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.38m |
| Equity | CA$97.38m |
| Total liabilities | CA$119.92m |
| Total assets | CA$217.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5CA's short term assets (CA$48.7M) exceed its short term liabilities (CA$33.0M).
Long Term Liabilities: 5CA's short term assets (CA$48.7M) do not cover its long term liabilities (CA$87.0M).
Debt to Equity History and Analysis
Debt Level: 5CA's net debt to equity ratio (73.2%) is considered high.
Reducing Debt: 5CA's debt to equity ratio has reduced from 90.1% to 75.6% over the past 5 years.
Debt Coverage: 5CA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 5CA's interest payments on its debt are well covered by EBIT.