North West Balance Sheet Health
Financial Health criteria checks 6/6
North West has a total shareholder equity of CA$705.8M and total debt of CA$281.6M, which brings its debt-to-equity ratio to 39.9%. Its total assets and total liabilities are CA$1.4B and CA$690.2M respectively. North West's EBIT is CA$195.4M making its interest coverage ratio 10.5. It has cash and short-term investments of CA$53.4M.
Key information
39.9%
Debt to equity ratio
CA$281.58m
Debt
Interest coverage ratio | 10.5x |
Cash | CA$53.36m |
Equity | CA$705.77m |
Total liabilities | CA$690.24m |
Total assets | CA$1.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NNWW.F's short term assets (CA$502.9M) exceed its short term liabilities (CA$250.7M).
Long Term Liabilities: NNWW.F's short term assets (CA$502.9M) exceed its long term liabilities (CA$439.6M).
Debt to Equity History and Analysis
Debt Level: NNWW.F's net debt to equity ratio (32.3%) is considered satisfactory.
Reducing Debt: NNWW.F's debt to equity ratio has reduced from 89.2% to 39.9% over the past 5 years.
Debt Coverage: NNWW.F's debt is well covered by operating cash flow (81.8%).
Interest Coverage: NNWW.F's interest payments on its debt are well covered by EBIT (10.5x coverage).