Black Diamond Group Balance Sheet Health
Financial Health criteria checks 3/6
Black Diamond Group has a total shareholder equity of CA$308.7M and total debt of CA$243.2M, which brings its debt-to-equity ratio to 78.8%. Its total assets and total liabilities are CA$745.5M and CA$436.8M respectively. Black Diamond Group's EBIT is CA$47.1M making its interest coverage ratio 3.3. It has cash and short-term investments of CA$15.1M.
Key information
78.8%
Debt to equity ratio
CA$243.20m
Debt
| Interest coverage ratio | 3.3x |
| Cash | CA$15.14m |
| Equity | CA$308.71m |
| Total liabilities | CA$436.75m |
| Total assets | CA$745.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BDIM.F's short term assets (CA$115.0M) exceed its short term liabilities (CA$98.1M).
Long Term Liabilities: BDIM.F's short term assets (CA$115.0M) do not cover its long term liabilities (CA$338.6M).
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 44.3% to 78.8% over the past 5 years.
Debt Coverage: BDIM.F's debt is well covered by operating cash flow (47.8%).
Interest Coverage: BDIM.F's interest payments on its debt are well covered by EBIT (3.3x coverage).