Sleep Country Canada Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Sleep Country Canada Holdings has a total shareholder equity of CA$429.0M and total debt of CA$160.6M, which brings its debt-to-equity ratio to 37.4%. Its total assets and total liabilities are CA$1.1B and CA$683.5M respectively. Sleep Country Canada Holdings's EBIT is CA$120.8M making its interest coverage ratio 4.8. It has cash and short-term investments of CA$37.4M.
Key information
37.4%
Debt to equity ratio
CA$160.63m
Debt
Interest coverage ratio | 4.8x |
Cash | CA$37.37m |
Equity | CA$428.95m |
Total liabilities | CA$683.52m |
Total assets | CA$1.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1S2's short term assets (CA$173.2M) do not cover its short term liabilities (CA$202.4M).
Long Term Liabilities: 1S2's short term assets (CA$173.2M) do not cover its long term liabilities (CA$481.1M).
Debt to Equity History and Analysis
Debt Level: 1S2's net debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: 1S2's debt to equity ratio has reduced from 56% to 37.4% over the past 5 years.
Debt Coverage: 1S2's debt is well covered by operating cash flow (95.9%).
Interest Coverage: 1S2's interest payments on its debt are well covered by EBIT (4.8x coverage).