Wall Financial Balance Sheet Health
Financial Health criteria checks 0/6
Wall Financial has a total shareholder equity of CA$220.3M and total debt of CA$660.6M, which brings its debt-to-equity ratio to 299.9%. Its total assets and total liabilities are CA$921.8M and CA$701.6M respectively. Wall Financial's EBIT is CA$60.8M making its interest coverage ratio 2.3. It has cash and short-term investments of CA$20.6M.
Key information
299.9%
Debt to equity ratio
CA$660.63m
Debt
| Interest coverage ratio | 2.3x |
| Cash | CA$20.60m |
| Equity | CA$220.26m |
| Total liabilities | CA$701.59m |
| Total assets | CA$921.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 62Q's short term assets (CA$72.7M) do not cover its short term liabilities (CA$361.0M).
Long Term Liabilities: 62Q's short term assets (CA$72.7M) do not cover its long term liabilities (CA$340.6M).
Debt to Equity History and Analysis
Debt Level: 62Q's net debt to equity ratio (290.6%) is considered high.
Reducing Debt: 62Q's debt to equity ratio has increased from 265.3% to 299.9% over the past 5 years.
Debt Coverage: 62Q's debt is not well covered by operating cash flow (1.7%).
Interest Coverage: 62Q's interest payments on its debt are not well covered by EBIT (2.3x coverage).