Colabor Group Balance Sheet Health
Financial Health criteria checks 3/6
Colabor Group has a total shareholder equity of CA$108.5M and total debt of CA$61.5M, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are CA$327.8M and CA$219.4M respectively. Colabor Group's EBIT is CA$15.9M making its interest coverage ratio 2.5. It has cash and short-term investments of CA$2.5M.
Key information
56.7%
Debt to equity ratio
CA$61.52m
Debt
Interest coverage ratio | 2.5x |
Cash | CA$2.48m |
Equity | CA$108.48m |
Total liabilities | CA$219.35m |
Total assets | CA$327.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COLF.F's short term assets (CA$101.4M) exceed its short term liabilities (CA$58.4M).
Long Term Liabilities: COLF.F's short term assets (CA$101.4M) do not cover its long term liabilities (CA$160.9M).
Debt to Equity History and Analysis
Debt Level: COLF.F's net debt to equity ratio (54.4%) is considered high.
Reducing Debt: COLF.F's debt to equity ratio has reduced from 115.6% to 56.7% over the past 5 years.
Debt Coverage: COLF.F's debt is well covered by operating cash flow (41.6%).
Interest Coverage: COLF.F's interest payments on its debt are not well covered by EBIT (2.5x coverage).