Maxim Power Balance Sheet Health
Financial Health criteria checks 5/6
Maxim Power has a total shareholder equity of CA$319.4M and total debt of CA$79.9M, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are CA$445.7M and CA$126.3M respectively. Maxim Power's EBIT is CA$30.6M making its interest coverage ratio 7. It has cash and short-term investments of CA$99.0M.
Key information
25.0%
Debt to equity ratio
CA$79.87m
Debt
| Interest coverage ratio | 7x |
| Cash | CA$99.01m |
| Equity | CA$319.38m |
| Total liabilities | CA$126.28m |
| Total assets | CA$445.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MP9's short term assets (CA$118.0M) exceed its short term liabilities (CA$23.6M).
Long Term Liabilities: MP9's short term assets (CA$118.0M) exceed its long term liabilities (CA$102.7M).
Debt to Equity History and Analysis
Debt Level: MP9 has more cash than its total debt.
Reducing Debt: MP9's debt to equity ratio has increased from 0% to 25% over the past 5 years.
Debt Coverage: MP9's debt is well covered by operating cash flow (89%).
Interest Coverage: MP9's interest payments on its debt are well covered by EBIT (7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 02:30 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Maxim Power Corp. is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| MacMurray Whale | Cormark Securities Inc. |
| Jeremy Rosenfield | Desjardins Securities Inc. |
| Steven Paget | FirstEnergy Capital Corp. |