MDA Space Balance Sheet Health
Financial Health criteria checks 2/6
MDAce has a total shareholder equity of CA$1.1B and total debt of CA$468.6M, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are CA$2.3B and CA$1.2B respectively. MDAce's EBIT is CA$68.1M making its interest coverage ratio 7. It has cash and short-term investments of CA$29.3M.
Key information
42.9%
Debt to equity ratio
CA$468.60m
Debt
Interest coverage ratio | 7x |
Cash | CA$29.30m |
Equity | CA$1.09b |
Total liabilities | CA$1.16b |
Total assets | CA$2.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MDAL.F's short term assets (CA$510.3M) exceed its short term liabilities (CA$394.2M).
Long Term Liabilities: MDAL.F's short term assets (CA$510.3M) do not cover its long term liabilities (CA$767.8M).
Debt to Equity History and Analysis
Debt Level: MDAL.F's net debt to equity ratio (40.2%) is considered high.
Reducing Debt: Insufficient data to determine if MDAL.F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MDAL.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MDAL.F's interest payments on its debt are well covered by EBIT (7x coverage).