Zedcor Balance Sheet Health
Financial Health criteria checks 1/6
Zedcor has a total shareholder equity of CA$12.1M and total debt of CA$21.6M, which brings its debt-to-equity ratio to 177.9%. Its total assets and total liabilities are CA$44.2M and CA$32.0M respectively. Zedcor's EBIT is CA$1.2M making its interest coverage ratio 0.7. It has cash and short-term investments of CA$1.4M.
Key information
177.9%
Debt to equity ratio
CA$21.57m
Debt
Interest coverage ratio | 0.7x |
Cash | CA$1.44m |
Equity | CA$12.13m |
Total liabilities | CA$32.05m |
Total assets | CA$44.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRFQ.F's short term assets (CA$7.7M) do not cover its short term liabilities (CA$9.5M).
Long Term Liabilities: CRFQ.F's short term assets (CA$7.7M) do not cover its long term liabilities (CA$22.6M).
Debt to Equity History and Analysis
Debt Level: CRFQ.F's net debt to equity ratio (166%) is considered high.
Reducing Debt: CRFQ.F's debt to equity ratio has increased from 167.7% to 177.9% over the past 5 years.
Debt Coverage: CRFQ.F's debt is well covered by operating cash flow (43.8%).
Interest Coverage: CRFQ.F's interest payments on its debt are not well covered by EBIT (0.7x coverage).