NFI Group Balance Sheet Health
Financial Health criteria checks 2/6
NFI Group has a total shareholder equity of $704.0M and total debt of $1.0B, which brings its debt-to-equity ratio to 146.3%. Its total assets and total liabilities are $2.8B and $2.1B respectively. NFI Group's EBIT is $60.1M making its interest coverage ratio 0.4. It has cash and short-term investments of $77.4M.
Key information
146.3%
Debt to equity ratio
US$1.03b
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$77.45m |
| Equity | US$704.03m |
| Total liabilities | US$2.10b |
| Total assets | US$2.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFYE.F's short term assets ($1.4B) exceed its short term liabilities ($822.0M).
Long Term Liabilities: NFYE.F's short term assets ($1.4B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: NFYE.F's net debt to equity ratio (135.3%) is considered high.
Reducing Debt: NFYE.F's debt to equity ratio has increased from 139.2% to 146.3% over the past 5 years.
Debt Coverage: NFYE.F's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: NFYE.F's interest payments on its debt are not well covered by EBIT (0.4x coverage).