Finning International Balance Sheet Health
Financial Health criteria checks 3/6
Finning International has a total shareholder equity of CA$2.5B and total debt of CA$2.4B, which brings its debt-to-equity ratio to 94.3%. Its total assets and total liabilities are CA$7.6B and CA$5.0B respectively. Finning International's EBIT is CA$934.0M making its interest coverage ratio 6.2. It has cash and short-term investments of CA$177.0M.
Key information
94.3%
Debt to equity ratio
CA$2.39b
Debt
Interest coverage ratio | 6.2x |
Cash | CA$177.00m |
Equity | CA$2.53b |
Total liabilities | CA$5.03b |
Total assets | CA$7.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0UVO's short term assets (CA$4.9B) exceed its short term liabilities (CA$3.5B).
Long Term Liabilities: 0UVO's short term assets (CA$4.9B) exceed its long term liabilities (CA$1.5B).
Debt to Equity History and Analysis
Debt Level: 0UVO's net debt to equity ratio (87.4%) is considered high.
Reducing Debt: 0UVO's debt to equity ratio has increased from 71.5% to 94.3% over the past 5 years.
Debt Coverage: 0UVO's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: 0UVO's interest payments on its debt are well covered by EBIT (6.2x coverage).