Halmont Properties Balance Sheet Health
Financial Health criteria checks 2/6
Halmont Properties has a total shareholder equity of CA$182.6M and total debt of CA$137.2M, which brings its debt-to-equity ratio to 75.1%. Its total assets and total liabilities are CA$336.4M and CA$153.8M respectively. Halmont Properties's EBIT is CA$16.7M making its interest coverage ratio 2.7. It has cash and short-term investments of CA$259.0K.
Key information
75.1%
Debt to equity ratio
CA$137.25m
Debt
| Interest coverage ratio | 2.7x |
| Cash | CA$259.00k |
| Equity | CA$182.63m |
| Total liabilities | CA$153.82m |
| Total assets | CA$336.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MD0's short term assets (CA$37.3M) exceed its short term liabilities (CA$1.4M).
Long Term Liabilities: MD0's short term assets (CA$37.3M) do not cover its long term liabilities (CA$152.4M).
Debt to Equity History and Analysis
Debt Level: MD0's net debt to equity ratio (75%) is considered high.
Reducing Debt: MD0's debt to equity ratio has reduced from 128.3% to 75.1% over the past 5 years.
Debt Coverage: MD0's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: MD0's interest payments on its debt are not well covered by EBIT (2.7x coverage).