Reitmans (Canada) Balance Sheet Health
Financial Health criteria checks 6/6
Reitmans (Canada) has a total shareholder equity of CA$278.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$483.4M and CA$205.3M respectively. Reitmans (Canada)'s EBIT is CA$25.8M making its interest coverage ratio 8.5. It has cash and short-term investments of CA$98.9M.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | 8.5x |
Cash | CA$98.92m |
Equity | CA$278.03m |
Total liabilities | CA$205.35m |
Total assets | CA$483.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CX40's short term assets (CA$253.1M) exceed its short term liabilities (CA$99.7M).
Long Term Liabilities: CX40's short term assets (CA$253.1M) exceed its long term liabilities (CA$105.7M).
Debt to Equity History and Analysis
Debt Level: CX40 is debt free.
Reducing Debt: CX40 had no debt 5 years ago.
Debt Coverage: CX40 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CX40 has no debt, therefore coverage of interest payments is not a concern.