Bird Construction Balance Sheet Health
Financial Health criteria checks 6/6
Bird Construction has a total shareholder equity of CA$408.8M and total debt of CA$200.8M, which brings its debt-to-equity ratio to 49.1%. Its total assets and total liabilities are CA$1.8B and CA$1.4B respectively. Bird Construction's EBIT is CA$121.8M making its interest coverage ratio 13.8. It has cash and short-term investments of CA$121.2M.
Key information
49.1%
Debt to equity ratio
CA$200.82m
Debt
| Interest coverage ratio | 13.8x |
| Cash | CA$121.24m |
| Equity | CA$408.76m |
| Total liabilities | CA$1.38b |
| Total assets | CA$1.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIRD.F's short term assets (CA$1.3B) exceed its short term liabilities (CA$1.1B).
Long Term Liabilities: BIRD.F's short term assets (CA$1.3B) exceed its long term liabilities (CA$320.4M).
Debt to Equity History and Analysis
Debt Level: BIRD.F's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: BIRD.F's debt to equity ratio has reduced from 71.5% to 49.1% over the past 5 years.
Debt Coverage: BIRD.F's debt is well covered by operating cash flow (40.5%).
Interest Coverage: BIRD.F's interest payments on its debt are well covered by EBIT (13.8x coverage).