Maple Leaf Foods Balance Sheet Health
Financial Health criteria checks 1/6
Maple Leaf Foods has a total shareholder equity of CA$1.6B and total debt of CA$1.9B, which brings its debt-to-equity ratio to 124.2%. Its total assets and total liabilities are CA$4.7B and CA$3.1B respectively. Maple Leaf Foods's EBIT is CA$178.6M making its interest coverage ratio 1.1. It has cash and short-term investments of CA$206.4M.
Key information
124.2%
Debt to equity ratio
CA$1.93b
Debt
Interest coverage ratio | 1.1x |
Cash | CA$206.39m |
Equity | CA$1.55b |
Total liabilities | CA$3.13b |
Total assets | CA$4.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0V5G's short term assets (CA$1.3B) exceed its short term liabilities (CA$1.1B).
Long Term Liabilities: 0V5G's short term assets (CA$1.3B) do not cover its long term liabilities (CA$2.1B).
Debt to Equity History and Analysis
Debt Level: 0V5G's net debt to equity ratio (110.9%) is considered high.
Reducing Debt: 0V5G's debt to equity ratio has increased from 23.2% to 124.2% over the past 5 years.
Debt Coverage: 0V5G's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: 0V5G's interest payments on its debt are not well covered by EBIT (1.1x coverage).