Acadian Timber Balance Sheet Health
Financial Health criteria checks 2/6
Acadian Timber has a total shareholder equity of CA$323.1M and total debt of CA$118.4M, which brings its debt-to-equity ratio to 36.7%. Its total assets and total liabilities are CA$585.5M and CA$262.4M respectively. Acadian Timber's EBIT is CA$21.9M making its interest coverage ratio 6.8. It has cash and short-term investments of CA$4.0M.
Key information
36.7%
Debt to equity ratio
CA$118.44m
Debt
Interest coverage ratio | 6.8x |
Cash | CA$4.05m |
Equity | CA$323.06m |
Total liabilities | CA$262.43m |
Total assets | CA$585.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 779's short term assets (CA$29.7M) do not cover its short term liabilities (CA$66.8M).
Long Term Liabilities: 779's short term assets (CA$29.7M) do not cover its long term liabilities (CA$195.6M).
Debt to Equity History and Analysis
Debt Level: 779's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: 779's debt to equity ratio has increased from 32.9% to 36.7% over the past 5 years.
Debt Coverage: 779's debt is not well covered by operating cash flow (12%).
Interest Coverage: 779's interest payments on its debt are well covered by EBIT (6.8x coverage).