Exchange Income Balance Sheet Health
Financial Health criteria checks 2/6
Exchange Income has a total shareholder equity of CA$1.2B and total debt of CA$1.8B, which brings its debt-to-equity ratio to 147.6%. Its total assets and total liabilities are CA$4.1B and CA$2.8B respectively. Exchange Income's EBIT is CA$289.7M making its interest coverage ratio 2.4. It has cash and short-term investments of CA$103.6M.
Key information
147.6%
Debt to equity ratio
CA$1.84b
Debt
Interest coverage ratio | 2.4x |
Cash | CA$103.56m |
Equity | CA$1.25b |
Total liabilities | CA$2.83b |
Total assets | CA$4.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0ON's short term assets (CA$1.2B) exceed its short term liabilities (CA$618.6M).
Long Term Liabilities: 0ON's short term assets (CA$1.2B) do not cover its long term liabilities (CA$2.2B).
Debt to Equity History and Analysis
Debt Level: 0ON's net debt to equity ratio (139.3%) is considered high.
Reducing Debt: 0ON's debt to equity ratio has reduced from 158.5% to 147.6% over the past 5 years.
Debt Coverage: 0ON's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: 0ON's interest payments on its debt are not well covered by EBIT (2.4x coverage).