Black Diamond Group Balance Sheet Health
Financial Health criteria checks 3/6
Black Diamond Group has a total shareholder equity of CA$305.3M and total debt of CA$239.7M, which brings its debt-to-equity ratio to 78.5%. Its total assets and total liabilities are CA$721.5M and CA$416.1M respectively. Black Diamond Group's EBIT is CA$54.8M making its interest coverage ratio 4. It has cash and short-term investments of CA$14.1M.
Key information
78.5%
Debt to equity ratio
CA$239.68m
Debt
| Interest coverage ratio | 4x |
| Cash | CA$14.12m |
| Equity | CA$305.31m |
| Total liabilities | CA$416.15m |
| Total assets | CA$721.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BDIM.F's short term assets (CA$105.7M) exceed its short term liabilities (CA$89.3M).
Long Term Liabilities: BDIM.F's short term assets (CA$105.7M) do not cover its long term liabilities (CA$326.8M).
Debt to Equity History and Analysis
Debt Level: BDIM.F's net debt to equity ratio (73.9%) is considered high.
Reducing Debt: BDIM.F's debt to equity ratio has increased from 43.3% to 78.5% over the past 5 years.
Debt Coverage: BDIM.F's debt is well covered by operating cash flow (49.4%).
Interest Coverage: BDIM.F's interest payments on its debt are well covered by EBIT (4x coverage).