Aecon Group Balance Sheet Health
Financial Health criteria checks 4/6
Aecon Group has a total shareholder equity of CA$1.1B and total debt of CA$182.3M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are CA$3.0B and CA$2.0B respectively. Aecon Group's EBIT is CA$1.8M making its interest coverage ratio 0. It has cash and short-term investments of CA$433.5M.
Key information
17.3%
Debt to equity ratio
CA$182.28m
Debt
Interest coverage ratio | 0.04x |
Cash | CA$433.47m |
Equity | CA$1.05b |
Total liabilities | CA$1.99b |
Total assets | CA$3.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AEGX.F's short term assets (CA$2.3B) exceed its short term liabilities (CA$1.5B).
Long Term Liabilities: AEGX.F's short term assets (CA$2.3B) exceed its long term liabilities (CA$470.4M).
Debt to Equity History and Analysis
Debt Level: AEGX.F has more cash than its total debt.
Reducing Debt: AEGX.F's debt to equity ratio has reduced from 70% to 17.3% over the past 5 years.
Debt Coverage: AEGX.F's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: AEGX.F's interest payments on its debt are not well covered by EBIT (0x coverage).